Question

in how many years will 250 invested at the rate of 8% per annum simple interest amount to ®330?​

Answer 1

Answer:

4 years

Step-by-step explanation:

Amount (A) = Rs.330

Principal (P) = Rs.250

Simple Interest (SI) = A-P = Rs.(330-250) = Rs.80

Rate (R) = 8%

Let the time period be T.

SI = PRT/100

=> 80 = 250 × 8 × T/100

=> T = 4 years

Answer 2

4 year is the right answer

hope it helps you