in how many years will a sum of 4000 yeild a simple interest of rupees 1440 of 12% p. a.
Answers
Answered by
3
Answer:
We know that, formula for simple interest:
(
S
.
I
.
=
P
×
R
×
T
100
)
Where,
S.I. = Simple Interest = 1440
P= principal = 4000
T = Time = ?
R= Rate of Interest = 12%
Substituting the values in the formula
(
⇒
1440
=
4000
×
12
×
T
100
)
⇒ T = 12/4 = 3 yrs
Step-by-step explanation:
Hope it's helpful to u
Answered by
0
Answer:
4 yes because of my mind set
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