Math, asked by akhandpandey219, 2 months ago

Rakesh deposit 2400 in his bank account which pays interest at the rate of 5 for percentage after how many years would Rakesh earn 240 as interest ​

Answers

Answered by subhsamavartj
13

Step-by-step explanation:

Given,  

Principal P=2400Rs

Rate =5% per annum

N= time in year

Simple Interest SI=  

100

PNR

​  

 

According to the given condition,

240=  

100

(2400×5×N)

​  

 

⇒N=  

2400×5

240×100

​  

 

on Solving,

N=2 years

Answered by prasadkotkar
0

Answer:

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