Question

In what time will Rs 3600 amount to Rs 4320 at 8% per annum simple interest​

Answer 1

Answer:

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

Answer 2

Answer:

SIMPLE INTEREST=AMOUNT-PRINCIPAL

$4320 - 3600 = 720$

$time = \frac{s .\: i \times 100}{p \times r}$

$\frac{720 \times 100}{3600 \times 8}$

$\frac{20}{8 } = \frac{5}{2}$

THIS IS RIGHT ANSWERS.