In what period will Rs.5200 amounts to Rs.7384 at 12% perannum simple Interest.
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≡QUESTION≡
In what period will Rs.5200 amounts to Rs.7384 at 12% per annum simple Interest.?
║⊕ANSWER⊕║
GIVEN
A = 5200
P = Rs. 7384
R = 12 %
I = A - P
= 7384 - 5200
= Rs. 2184
I = PRT / 100
7384 = 5200 * 12 * T / 100
T = 3.5 years
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