In how many years will Rs 1450 amount to Rs 2146 at 8% p.a simple interest?
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Step-by-step explanation:
given :
In how many years will Rs 1450 amount to Rs 2146 at 8% p.a simple interest?
to find :
2146 at 8% p.a simple interest?
solution :
- principal = 1450
- amount = 2146
- si unit will be 2146 -1450 ie 696
- si unit = principal × rate × t * 1/100
- 696 = 1450*8*t*1/100
- t= 6 years
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