Question

In how many years will Rs 900 yield an interest of Rs 324 at 12% per annum simple interest

a. Rs 20,000
b. Rs 21,000
c. Rs 23015
d. Rs 18,500

Answer 1

Answer:

3 years

Step-by-step explanation:

principal=900

interest=324

rate=12%

time=?

t= I X 100 / 900 X 12

T= 3 YEARS

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