Question

radha deposited rupees 8000 at 7% and earned rupees 2680 as simple interest find the time period plz answer step by step​

Answer 1

Answer:

4.7857 years (about 4 years 9 months

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 7%/100 = 0.07 per year,

then, solving our equation

t = 2680 / ( 8000 × 0.07 ) = 4.7857

t = 4.7857 years

The time required to

accumulate simple interest of $ 2,680.00

from a principal of $ 8,000.00

at an interest rate of 7% per year

is 4.7857 years (about 4 years 9 months).

Answer 2

Answer:

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