in how many years and interest of ₹ 2400 would be earned on ₹ 24000 at the rate of 5% p. A????
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2 years
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Answer:
Ans is 2 years
Step-by-step explanation:
Simple interest= rs 2400
Principal =rs 24000
Rate of interest = 5%
Time = ?
A.T.Q
S.I = P×R×T/100
2400=24000×5×T/100
2400×100/24000×5 = T
2years = Time
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