in what time will rupees 7850 amount rupees 8635 at 4% per annum
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As we know that principal+interest=amount
Let the time be t
P+p*r*t/100= amount
=7850+7850*4*t/100=8635
=7850+314t=8635
=314t=8635-7850
=314t=785
=t=785/314=2.5year or in fraction we can say 5/2 year
As we know that principal+interest=amount
Let the time be t
P+p*r*t/100= amount
=7850+7850*4*t/100=8635
=7850+314t=8635
=314t=8635-7850
=314t=785
=t=785/314=2.5year or in fraction we can say 5/2 year
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