Question

In how many years will 3200 amount to 3400 at 5/2 % p.a ?​

Answer 1

Step-by-step explanation:

Principle- 3200

Rate-5/2%p.a

Amount - 3400

Hence, Amount=S.I +Principle

3400=S.I+3200

3400-3200=S.I

Therefore,S.I= 200

Hence, Time=(S.I ×100)/principle×Rate

(200×100)/5/2×3200=Time

Therefore, Time=2.5yrs

HOPE IT HELPS