In what time will Rs.1860 amount to Rs.2278.50 if simple interest is calculated at 9% per annum.
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SI = 2278.50 - 1860
(P) price = 1860
(R) rate = 9
(T) time = ?
P× R× T /100 = SI
Therefore,
T = SI ×100/P×R
(P) price = 1860
(R) rate = 9
(T) time = ?
P× R× T /100 = SI
Therefore,
T = SI ×100/P×R
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