Question

In what time will rs.26500 amount to rs.32065 at the rate of 9% per annum?

Answer 1

Answer:

T=1 year

Step-by-step explanation:

T=?

p=26,500

A=32,065

R=9%

To find time we should have SI

SI= P*R*T/100

26500*9*x/100

2385x is SI

now to calculate Time

we use this formula

T=SI*100/P*R

2385x*100/26500*9=1 year