If rs 3000 amounts to rs 4320 at compound interest in a certain time,then rs 3000 amounts to what in half of the time?
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Answer:
answer is ₹3660
Step-by-step explanation:
₹3000 convert to ₹4320 in x time
Principal, P = ₹3000
principal + compound interest = ₹4320
Compound Interest = ₹4320-₹3000 = ₹1320
in half of the time
₹3000 convert to ₹3000 + compound interest in half of the time
Compound interest in half of the time = ₹1320/2 = ₹660
Hence, rs 3000 convert to ₹3000 + ₹660= ₹3660
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