Question

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How long it will take for RS. 25,000 invested at the rate of 12% p.a. simple interest to amount to RS. 31,000​

Answer 1

Answer:

6000

Step-by-step explanation:

GIVEN,

PRINCIPAL = 25000

RATE PER ANNUM = 12

AMOUNT = 31000

WE DON'T NEED RATE PER ANNUM

AMOUNT = PRINCIPAL + INTREST

31000 = 25000 + INTREST

INTREST = 31000 - 25000

= 6000

THEREFORE ANSWER = 6000