In how many years will Rs. 1500 amount to Rs. 2100 at 6% p.a.?
Answers
Answered by
3
Answer:
Step-by-step explanation:
principal amount=1500
interest amount=total amount-principal amount
2100-1500=600
according to formula of Simple interest
p*t*r/100=S.I
1500*t*6/100=600
t=20/3yrs
Answered by
2
Answer:
6.6 years
Step-by-step explanation:
P=Rs.1500
A=Rs.2100
SI=Rs.(2100-1500)
=Rs.600
T=100×SI/P×R
=100×600/1500×6
= 6.6 years
Similar questions