Question

In how many years will ₹12000 yield an amount of ₹13500 at 10% simple interest.

Answer 1

Answer: 11 1/4 Years

Step-by-step explanation:

P= ₹12000

R= 10%

SI= 13,230

T= SI *(multiplied by) 100/P*R

T= 13,230*100/12000/10

(the zero's are cut off btw)

HENCE T= 11 1/4 Years