In how many years will the interest on RS.2500 will be RS.1350 at 9 p.c.p.a
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Answer:
Principal amount =2500
Intrest=1350
Rate of intrest=9 p.c.p.a
N=?
Intrest=P×N×R/100
1350=2500×N×9/100
1350=225
N=1350÷225
N=6 years
6 years will the intrest on RS. 2500 Will be Rs. 1350 at 9 p.c.p.a
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