Question

In how many years will Rs 3650 amount to Rs 4526 at the rate of 6'/. per annum​

Answer 1

Answer:

Answer. Time=876*100/3650*6=4 yrs.

Answer 2

Principal = 3650

Amount = 4526

Rate = 6%

Time = t, let

Interest = Amount - principal

= 4526 - 3650 = 876

SI = p.r.t/100 876

= 3650.6.t/100 3650.6.t = 87600 t

= 87600/21900 t = 4

So it will take 4 years time.