in what time will rupees 6880 amount is rupees 7224 if the simple interest is calculated at 10./. per annum
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Answered by
13
⚡Hey mate⚡
✨Here is your answer✨
Real ammount = 6880
Profit ammount = 7224
Interest = 7224 - 6880
Interest = 344
percent = 10 %
Formula - :
Simple interest = price × rate × time ÷ 100
But we want time then formula is
Time = simple interest × 100 ÷ price × rate
Time = 344 × 100 ÷ 6880 × 10
Time = 50
Your answer is 50.
I hope it's helpful for you. Thank you ❤️
✨Here is your answer✨
Real ammount = 6880
Profit ammount = 7224
Interest = 7224 - 6880
Interest = 344
percent = 10 %
Formula - :
Simple interest = price × rate × time ÷ 100
But we want time then formula is
Time = simple interest × 100 ÷ price × rate
Time = 344 × 100 ÷ 6880 × 10
Time = 50
Your answer is 50.
I hope it's helpful for you. Thank you ❤️
Answered by
2
Answer:
hope it's helpful
Step-by-step explanation:
principal = P = 6880
A = 7224
simple interest (I) = A - P= 7224-6880 = Rs 344
rate of interest = R =10%
time =T
T = (100*I)/PR
T = (100*344)/(6880*10)
T =1/2 yrs
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