Question

In how many months, the amounts of Rs1000 at the rate of 10% will be Rs1200(with step to step)

Answer 1

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Answer 2

Finding time:

Step-by-step explanation:

$\ Given \ value:\\\\\ principle(P) = 1000\\\ final \ amount (A)= 1200\\\ Rate (r)= 10 \%\\\ Find:\\\\time (t) =?\\\\\ Solution:\\\\\ Formula:\\\\A=P(1+rt)\\\\\ put \ the \ value \ in \ given \ eqution:\\\\1200= 1000 (1 \ + 10\%t)\\\\\frac{1200}{1000} = (1+ \frac{10}{100}t)\\\\1.2 = 1+ \frac{10}{100}t\\\\1.2-1=\frac{1}{10}t \\\\0.2 \times 10 = t\\ \\t= 2$

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