In how many years the sum of 20,000 earn an interest of 5,400 at the rate of 9 p. c. p. a. ?
Answers
Answered by
29
Given :
- Principal = Rs.20000
- Interest = Rs.5400
- Rate = 9 %
To Find :
- Time = ?
SolutioN :
Formula Used :
Calculating the Time :
The Time is 3 years .
Answered by
4
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QUESTION:-
In how many years the sum of 20,000 earn an interest of 5,400 at the rate of 9 p. c. p. a. ?
ANSWER:-
=> Time = Interest * 100 / Principal*Rate
=> Time = 5400*100 / 20000*9
=> Time = 540000 / 180000
=> Time = 3 years (ans)
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