In what time will ₹5600 amount to ₹6720 at 8% per Annum
Answers
Answered by
32
In this question,
Amount (A) = Rs. 6720
Principal (P) = Rs. 5600
Rate (R) = 8 % p.a.
Time (N) =?
Now,
S.I = A-P
=> S.I = Rs ( 6720-5600)
=> S.I = Rs 1120
Now,
N = S.I x 100 /PR
=> N = 1120 x 100/ 5600 x 8
=> N =( 112000/44800) Years
=> N = 2.5 Years
Be Brainly
Amount (A) = Rs. 6720
Principal (P) = Rs. 5600
Rate (R) = 8 % p.a.
Time (N) =?
Now,
S.I = A-P
=> S.I = Rs ( 6720-5600)
=> S.I = Rs 1120
Now,
N = S.I x 100 /PR
=> N = 1120 x 100/ 5600 x 8
=> N =( 112000/44800) Years
=> N = 2.5 Years
Be Brainly
Similar questions