In how many years or months will ₹3440 yield an interest of ₹172 at the rate of 10% per annum?
Answers
Answered by
0
Answer: 0.5 year or 6 months
Step-by-step explanation:
Given values,
p=3440
r=10%
t has to find?
So
Simple Interest = (p×r×t)/100
172=(3440×10×t)/100
172=(344×t)
t=0.5 year
Similar questions