Question

In what time will Rs. 6600 amount Rs. 7200 at 8% per annum
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Answer 1

Answer:

 

Given,

Amount = 7200

Principal = 6600

SI = A - P

=> 7200-6600

=> 600

Rate = 8%

Time = SI × 100 / P × R

=> 600×100/6600×8

=> 60000/52800

=> 600/528

=> 1.13 years