in what time will rs 5000 amount rs 6100 at 6%
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Amount = 6100Rs .
Principle = 5000 Rs.
Rate of interest = 6%
Interest = 6100-5000=1100 Rs.
We know that SI = PTR/100
1100 = 5000*T*6/100
1100=300T
11/3 = T.
Time required is 11/3 years
Principle = 5000 Rs.
Rate of interest = 6%
Interest = 6100-5000=1100 Rs.
We know that SI = PTR/100
1100 = 5000*T*6/100
1100=300T
11/3 = T.
Time required is 11/3 years
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