In how many years will 7000/- yield an interest of 4620/- at 22% simple interest?
Pl can you answer I am not understanding I have exam tomorrow and I need to study so please hurry up and give answer I will mark the person who gives the correct answer with explanation properly the brainiest pl fast
Answers
Answered by
2
Answer:
time = 3year
Step-by-step explanation:
Simple interest = prt
4620 = 7000×22×t/100
462000 = 154000t
t = 462000/154000
t = 3 year
Answered by
0
Answer:
time in year=interest×100/principal amount×rate of interest
=4620×100/7000×22
=462/154
=3
so, required time is 3 years
Similar questions