Question

. In what time will Rs 3600 amount to Rs 4320 at 8% per annum simple interest?
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Answer 1

Answer:

ok

Step-by-step explanation:

The amount is given as Rs4320 and the principle is given as Rs3600 with the rate of 4%. Then, the simple interest will be,

S.I.=Amount−Principle

=4320−3600

=720

Now,

S.I.=

100

P×R×T

720=

100

3600×4×T

T=

3600×4

720×100

T=5years