rajinder lent a same of Rs3200 to simran at the rate of 6 persent interest per annum. simran paid rajinder Rs 3680 to clear the dept? how long did simran use rajinder money
Answers
Answered by
3
Greetings
Principal(p)=3200
Rate of intrest(r)=6%
Amount(a)=3680
Intrest(i)=a-p =3680-3200=480
Time(t)= i*100/p*r=480*100/3200*6=48000/19200=480/192=15/6y
Principal(p)=3200
Rate of intrest(r)=6%
Amount(a)=3680
Intrest(i)=a-p =3680-3200=480
Time(t)= i*100/p*r=480*100/3200*6=48000/19200=480/192=15/6y
Similar questions