Question

in what time will rs. 5600amount to 6720 at 10% annum.
do it fast 23 pts

Answer 1

Heya,

According to the question,

Principal amount(P) = ₹5600
Amount after interest = ₹6720
Rate(R) = 10%
Time(T) = ?

Interest = 6720 - 5600
= 1120

Formula for simple interest = P×R×T/100

Putting the values,

1120 = 5600×10×T/100
T = 1120/560
T = 2

So, time(T) = 2years. ...... Answer

Hope this helps....:)

Answer 2

P is 5600

I is 1120

R is 10

I = ptr/100

1120 = 5600×t×10/100

T = 112/56

T = 2

So , time is 2 years.