Question

In what time will 6880 amount to 7224 if simple interest is calculated at 10%per annum​

Answer 1

Step-by-step explanation:

Given : Principal = $ 6880

Amount = $ 7224

Rate = 10%

SI = A - P. = $ (7224 - 6880) = $344

Time = SI * 100 / P * R

= 344 * 100 / 6880 * 10

= 34400 / 68800

= 0.5 yrs

hope it helps u

Answer 2

Answer:

Time=6 months

Step-by-step explanation:

SI=A-P

=7224-6880

SI=344

SI=PRT/100

344=6880×10×T/100=1/2

Time=1/2 year=6 months