in how many years will ₹ 870 amount to ₹1044, the rate of interest being 21/2% per annum?
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principal=Rs870
Amount=1044
Rate=10.5%p.a.
Simple interest=Amount-principal
=1044-870
=Rs174
S. I=PNR/100
274=870×N×10.5/100
N=174×100/870×10.5
N=40/21
N=1.8 years
Amount=1044
Rate=10.5%p.a.
Simple interest=Amount-principal
=1044-870
=Rs174
S. I=PNR/100
274=870×N×10.5/100
N=174×100/870×10.5
N=40/21
N=1.8 years
abida1:
this answer is wrong
this answer is 8 years
check question once
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