in what time will Rs 8000 amount to Rs 8360 at 6% pa simple interest
Answers
Answered by
42
Given
AMOUNT =8360
Principal =8000
Si=8360-8000
Si=360
Si=pxrxt/100
360=8000x6xt/100
360=80x6xt
360/480 =t
T=3/4
Time=9 months.
This is ur ans hope it will help you in case of any doubt comment below
AMOUNT =8360
Principal =8000
Si=8360-8000
Si=360
Si=pxrxt/100
360=8000x6xt/100
360=80x6xt
360/480 =t
T=3/4
Time=9 months.
This is ur ans hope it will help you in case of any doubt comment below
Answered by
9
Given : Rs. 8000 amount converts to Rs. 8360 at 6% per annum at simple interest
To Find : Time period
Solution:
P = 8000 Rs
R = 6 %
T = ?
A = 8360
SI = A - P = 8360 - 8000 = 360 Rs
SI = P * R * T /100
=> 360 = 8000 * 6 * T /100
=> 360 = 480 * T
=> 3 = 4T
=> T = 3/4 year
=> T = 12 * 3/4 months
=> T = 9 months
Hence 9 months
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