Question

in what time will interest onRs800 at the rate of 6%be Rs 240

Answer 1

let the required interest be x
x of 800×6×240/100
x= 11,520

Answer 2

Principal = Rs 800
Rate =6%
SI=Rs 240
or 240=800*6*t/100 (where t=time)
t =5 yrs