Question

Jaya deposited Rs 20,000 at 8 p.c.p.a in a bank for some years, and withdrew her interest every year. At the end of the period, she had received altogether Rs 26,400. For how many years had she deposited her money?​

Answer 1

Answer:

4 years

Step-by-step explanation:

SI =A -P

SI=26400-20000

SI =6400

T=SI×100/P×R

T =6400×100/20000×8

T=64/2×8

T=64/16

T=4

Answer 2

$\underline{\underline{\pink{\huge\sf Solution}}}$

T = 16.5

S. I = P×R×T/100

S. I = simple interest (in rs)

P = principal rare (in rs)

R = rate (per annum)

T = time (in yrs)

26,400 = 20000×8 ×T/100

26400 = 16,00× T

26400/1600×T

T = 16.5

Hope that helps.

✌️Santa19 ✌️