Question

In how many years will 4800 yield an interest equal to itself at 10% per annum

Answer 1

Answer:

10 years

Step-by-step explanation:

p = 4800

I = 4800

R = 10%

SI = PTR/100

4800 = 4800*10*T/100

T = 100/10

T = 10 years

Answer 2

Answer:

10 years.

Step-by-step explanation:

Principal=Rs.4800

Rate of interest=10%

Time for required SI interest be n.

S.I to be required=Rs. 4800

S.I=PRT/100

4800=4800 x 10 x n /100

4800=48 x 10 x n

4800=480n

n=4800/480

n=10 years .

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