In what time will rupees 6880 amount to rupees 7224 if simple intrest is calculated at 10 percent per annum
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Answer:
6 months
Step-by-step explanation:
Simple interest = Amount - Principal amount
= 7224 - 6880 = Rs. 344
SI = P*R*T/100
344 = 6880 * 10 * T / 100
T = 344*100/10*6880
= 1/2 = 0.5 year
0.5 year = 6 months Ans.
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