In what time will 6800 amount to 7224 if simple interest is calculated at 10% per annum?
Answers
Answered by
1
Answer:
Time (T) =53/85 years
Explanation:
Principal (P) = Rs 6800
Amount (A) = Rs 7224
Rate of interest (R) = 10%
Interest (I) = A-P
= Rs7224 - Rs6800
= Rs424
We know that,
(PTR)/100 = I
=> T = (I × 100)/PT
= ( 424 × 100 )/( 6800 × 10 )
= 424/680
= (106)/170
= 53/85 years
••••
Answered by
0
Answer:
amount= 7224
principal =6880
SI amount - principal
R% =10 , %
now I =p(R/100) T
344=6880(10/100) T
344(100) = 6880 (10) (T)
therefore T= 344(100) /6880(10) =1/2 years 6 months
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