Question

In what time will Rs.3600 amount to Rs.4320 at 4% per annum simple interest?

Answer 1

Answer:

The amount is given as rupees4320 and the principal is given as rs.3600 with the rate of 4% then the simple intrest will be,

Step-by-step explanation:

S.I = Amount - Principal

= 4320 - 3600

= 720

NOW,

S.I = P × R × T

100

720 = 3600 × 4 × T

100

T = 720 × 100

3600 × 4

T = 5 years.