in how much time will 25600 amount to 35664 when money is is worth 9801 by 4 per annum simple interest
Answers
Answered by
2
Step-by-step explanation:
Given;−
Amount (A) = 35,664
Principal (P) = 25,600
Simple Interest = Amount - Principal
= 35,664 - 25,600
= 10064
Rate = 37/4 %
\bf{Method of Solution:-}MethodofSolution:−
We know that Simple Interest Formula!
Simple Interest = P×R×T/100
10064 = 25,600 × 37/4 × T /100
1006400= 6400×37×T
1006400 = 236800 × T
T = 1006400/236800
T = 4.25 Year!
Thus, Time Will be 4.25 Years.
Answered by
6
Given,
Amount = 35664
Principal = 25600
S.I. = 35664 - 25600
= 10,064
✫Rate will be 37/4 %.
10,06400 = 6400 × 37 × T
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