rupees 300 will yield rupees 60 interest at 5% per annum find the time
vijaykiran637:
Simple or compound interest
Answers
Answered by
47
Answer:
Given that,
P=300
I=60
R=5%
T=?
I=PRT/100
60=300×5×T/100
60=15×T
60/15=T
T= 4
Therefore, time is 4 years.
Answered by
11
Answer:
Given that,
P=300
I=60
R=5%
T=?
I=PRT/100
60=300×5×T/100
60=15×T
60/15=T
T= 4
Therefore, time is 4 years.
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