In what times will rupees 1,200 to rupees 1344 at the rate 6% per annum
Answers
Answered by
119
P = 1200
R = 6%
A = 1344
SI = 1344 - 1200
= 144
now
T = (SI x 100) / PR
= (144 x 100) / ( 1200 x 6)
= 12/6
= 2 years
Answered by
23
this is not the accurate method but you get the answer.
1% of 1200 = 12
12% of 1200 = 144
to get ₹1344 you need more ₹144
now if rate of interest is 6% per year
it should be 12 % for two years
so the answer must be 2 years.
1% of 1200 = 12
12% of 1200 = 144
to get ₹1344 you need more ₹144
now if rate of interest is 6% per year
it should be 12 % for two years
so the answer must be 2 years.
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