Question

In how many years will rs. 100 produce rs.60 as Simple Interest at 12% per year​

Answer 1

Answer:

5 years

Step-by-step explanation:

I = (PxRxT)/100

60 = (100x12xT)/100

T = (100x60)/(100x12)

T = 60/12

T = 5

so the answer is 5 YEARS... because the rate was given per year :)