Question

In how many years interest on 3,000 at 5% per
annum be 600 ?




please answer this question​

Answer 1

Answer:

Simple interest =100PTR=100600×3×5=Rs90

Amount =Principal+Interest=600+90=Rs690

Answer 2

Answer:

P = 3000

R = 5%

I = 600

I = (PRT)/100

600 = (3000*5*T)/100

T = (600*100)/(5*3000)

T = 4 YEARS