Rs. 23,000 is invested at 6% simple interest for a certain period of time. at the end of the period of time, the total amount (principal and interest) adds up to rs. 28,520. how many years was the amount interested for?
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Amount =p+si
28520=23000 +(P×R×T/100)
28520=23000+(23000×6×T/100)
28520 =23000+ 1380T
28520=24380T
T=28520/24380=1.16981132
28520=23000 +(P×R×T/100)
28520=23000+(23000×6×T/100)
28520 =23000+ 1380T
28520=24380T
T=28520/24380=1.16981132
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