Question

IN WHAT TIME RS 4250 AMOUNTS TO RS 5610 AT THE RATE 8 PERCENT PER ANNUAL

Answer 1

Greetings..!

Principal = Rs 4250

Amount =Rs 5610

So ,Si = A - P = Rs ( 5610 - 4250 ) = RS 1360

Rate = 8 % pa

∴Time = SI * 100 / R * P = RS {1360*100/8*4250} = 4 years

Answer : Hence , required time = 4 Years .