Question

In what time will rs 200 amount to rs 270 at the rate of 5% per annum

Answer 1

Step-by-step explanation:

t=?

p= rs 200

a= rs 270

si= a-p

= 270-200

=rs. 70

if the amount is calculated at simple interest,

$t = \frac{si \times 100}{p \times r} \\ t = \frac{70 \times 100}{200 \times 5} \\ t = 7$

therefore 200 will amount to 270 in 7 years

Answer 2

Step-by-step explanation:

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