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?. PLEASE TELL TURE ANSWER ​

Answer 1

Answer:

T= 4years

Step-by-step explanation:

P= 20000

R= 8% P.A.

A= 26400

SI= A-P = 26400 - 20000 = 6400

SI= 6400

T= SI×100/P×R

= 6400×100 / 20000×8 = 4

T= 4 Years