In what time will Rs8000 amount to Rs8360 at 6% p.a. simple interest?
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Step-by-step explanation:
(b) 9 months Because, Given: – P = ₹ 8000, A = ₹ 8368, R = 6% We Know That, Amount = Principal (1+ ((Rate × time)/100)) = (8360/ 8000) = 1 + ((6 × t)/100) = (8360/ 8000) -1 = ((6 × t)/100) = t = [(8360 – 8000)/ 8000] × (100/6) = (360/8000) × (100/6) = (6/8) × 12 months = 9
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