Question

Intrest on Rs 3000 at 12% per annum is RS 1080​

Answer 1

Answer:

Time = 3 years.

Step-by-step explanation:

Interest = (P × r × t ) / 100

so, 1080 = (3000 × 12 × t ) / 100

=> 1080 = 360 × t

=> t = 1080 / 360

=> t = 3 years