In 4 years, 6500 amounts 8840 at a certain rate of interest. in what time will 1600 amounts to 1816 at the same rate
Answers
Answered by
3
Answer:
1.5 year
Step-by-step explanation:
assume simple interest
2340 = 6500 x 4r/100 = 260r , r = 234/26 = 9%
216 = 1600 x0.09t
t = 216/144 = 1.5 year
Answered by
2
Answer:
1.5 year
Step-by-step explanation:
2340×100÷6500×4=r
r=9%
216×100÷1600×9=t
t=3/2 years
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