Question

rs.14000 is invested at4%per annum spimple intrest.How long will it take for amount to reachrs.16240?

Answer 1

$\huge\bold\red{hayy \: mate \: !!!}$.

Ans : 4 years

Solution :

Principal : Rs 14000
Interest per annum at 4% =

Now, we know the amount of interest within one year.

Again, Amount in two years = 560+560
= 1120
Amount in three years = 1120+560= 1680
And Amount in four years = 1680+560 = 2240

Now add up the Principal with the amount of interest within four years

In order to get 16240, we multiplied the amount of interest in one year with four (i.e., 560x4)

The required time period is 4 years.

. $<marquee>$⭐ ❤️ I hope you mark as brainlist answer⭐❤️✨✨

Answer 2

hope this helps you [Tex][Tex/]