Math, asked by kushagrasharma1908, 4 months ago

In how many years, will the sum of 2400 yield an interest of 240 at rate 5% p.a.?​

Answers

Answered by Anonymous
6

Step-by-step explanation:

Given,

Principal P=2400Rs

Rate =5% per annum

N= time in year

Simple Interest SI=

100

PNR

According to the given condition,

240=

100

(2400×5×N)

⇒N=

2400×5

240×100

on Solving,

N=2 years

Answered by Goldenjungkookie
4

Answer:

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