Question

in what time will rs3600 amount to rs4320 at 4% per annum simple interest
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Answer 1

Answer:

7th

Maths

Comparing Quantities

Simple Interest

In what time will Rs. 3600 ...

MATHS

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Asked on December 27, 2019 by

Shruthi Tangallapalli

In what time will Rs. 3600 amount to Rs. 4320 at 4% per annum simple interest?

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ANSWER

The amount is given as Rs4320 and the principle is given as Rs3600 with the rate of 4%. Then, the simple interest will be,

S.I.=Amount−Principle

=4320−3600

=720

Now,

S.I.=

100

P×R×T

720=

100

3600×4×T

T=

3600×4

720×100

T=5years

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