Question

How much time will RS 150 take to amount to 159 at 2.4% per month​

Answer 1

Step-by-step explanation:

Let be time as x

As we know,

SI=p×r×t/100

SI=159-150=9

Time=x

principal=150

rate=2.4%

9=150×24/1000×x

9=18x/5

9×5/18=x

x=2.5

2.5 month is the answer