In what time will rupees 5600 amount to rupee 6720 at 8 per cent per anumm
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Answered by
4
Answer:2.5 year
Step-by-step explanation:
At first we have to find the Interest that is
amount-principal amount
=6720-5600
=Rs.1120
Now we can find the time with the formula
=100×interest/principal amount×rate
=100×1120/5600×8.....here we can cancel 0sof the 100 and 5600..therefore
1120/56×8
=1120/448
=2.5
Thus it will take 2 and a half year .
sahil244262:
answer is 2 1 by 2
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