Question

in how many years will a sum of rs 2000 invested at the rate of 6 perannum amount to rs 2240

Answer 1

let p=2000
r=6% perannum
s.i=2240
s.i=p×r×t/100
2240=2000×6×t/100
2240=120t
t=2240/120
t=18.67

Answer 2

HEY MATE HERE IS YOUR ANSWER :-

First we will find simple Intrest ⤵⤵

SI = A - P

SI = 2240 - 2000

SI = 240

Now we will find time ⤵⤵⤵

T = SI × 100/ P × R

T = 240 × 100/2000 × 6

T = 240/20 × 6

T = 24/12

T = 2

☆

Answer ⤵⤵⤵

So Mate Answer is 2 years.

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