Question

Rs 14000 is invested at 4 percent per annum simple interest.How long will it take for the amount to reach rs 16240

Answer 1

Answer:

29 annum

Step-by-step explanation:I= PTR/100

P=14000

R=4%

• I=16240

T=?

T=100I/PR      

T=100*16240/14000*4

  T=29