In what time will rs 5600 amount to rs 6270 at 8 percent per annum
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Answer:
Answeris
P = ₹ 5600
A = ₹ 6720
R = 8% p.a
T = ? let T
SI = A -P = 6720 -5600 =₹ 1120
SI = PRT/100
\begin{gathered}1120 = \: \frac{5600 \times 8 \times t}{100} \\ t = \frac{1120 \times 100}{5600 \times 8} \\ \\ t = 2.5 \: years\end{gathered}
1120=
100
5600×8×t
t=
5600×8
1120×100
t=2.5years
Hope it helps you
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