IN HOW MANY YEAR WILL A SUM OF RS. 2000 AMOUNT TO RS. 2315 AT 9/2 PER ANNUM.
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Answer:
The no. of years is 3.5
Step-by-step explanation:
Assumption: Let the no. of years be x .
Interest = Rs.2315 - Rs.2000
= Rs.315
I = ( P×R×T )\100
=> 315= {2000×(9/2)×x}\100
=> 315= 9000x\100
=> 315 = 90x
=> 315 \90=x
=> 3.5 = x
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