Question

suppose Sudheer has invested 15,000 rupees at 8% simple interest per year within the returned from the investment he wants to buy a washing machine that cost 19,000 Rupees for what period should he invest 15,000 rupees so that he has enough money to buy a washing machine ​

Answer 1

Hey Mate here is your answer ✌️

Answer 2

Answer:

3 years and 4 months

Step-by-step explanation:

I=Pnr/100

p= prinipal

n=number of years

r%= rate of interest

I=interest earned

here,

prinipal=1500

the interest to be earned =₹(19000-15000)

=4000

I=15000×n×8/100

I=1200n

4000=1200n

n=4000/1200n

n=10/3

=3years 4 months