Math, asked by Haashir, 6 months ago

Simple interest on a sum of money is of the sum. If the rate is 4 % per annum, find the time.

Answers

Answered by aliasif93429
0

Answer:

T=2years,R=4%,S.I.=340

S.I.=100P×R×T

340=100P×2×4

34000=8P⇒4250=P

A=P(1+100R)2

A=4250(1+1004)2

A=4250×100104×100104

A=4596.8

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