Ranveer borrowed rupees 12000 from a friend at the rate of 7.5 % for a certain period he paid rupees 1800 as interest find the period of this transaction.
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Answer:
T = 15.33yrs
Step-by-step explanation:
P = 12000
S.I = 1800
R = 7.5
A = P+S.I = 13800
A = PRT/100
138 = (120x7.5xT)/100
T =
T = 115/7.5
T = 15.33 yrs
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