Question

In what time will rupees 5600 amount to 6720 at 8%per annum.​

Answer 1

The answer is 2.5 years.

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Answer 2

I = A - P
= 6720-5600
= 1120
SI = PRT/100
1120 = 5600*8*time/100
1120 = 448 * time
1120/448 = time
2.5 years = time