Question

In what time will ₹ 1,860 amount to ₹ 2,641.20 at simple interest of 12% per annum​

Answer 1

Answer:

simple interest =

$p \times r \times t \div 100$

$1860 = 2641.2 \times 12 \times t \div 100$

$t = 6 \: years$