in how many year does the sum of rs 1200 become rs 1800 at the rate of simple interest of 5% per annum.
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Answered by
6
Answer:
30 years..... Hope u will understand this
Answered by
9
Given;
amount = 1800Rs
Principle = 1200Rs
time = ?
rate = 5%
Therefore ;
SI = PRT /100
1800 = ( 1200 × 5 × T ) / 100
1800 = 6000T/100
1800 = 60T
180 = 6T
T= 30 years
#answerwithquality
#BAL
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