In how much time will Rs.3720 amount to Rs.5282.40 at 12 percent per annum simple interest
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Answer:
answer:
principal = 3720
amount =5282.40
so,SI = amount - principal
SI = 5282.4 - 3720
SI = 1562.4
now,SI = P×R×T/100
1562.4 = 3720×12×T/100
T = 1562.4×100/3720×12
T = 3.5
ans. time = 3years 5month
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