the interest on ₹3800 will amount to ₹60.80 at 4% p.a. find the time
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amount = A = P(1 + rt) where P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of TimePeriods. use this formula to solve
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solution
If its simple intrest
SI = P.R.T / 100
60.80 = 3800 * 0.04 * T
T = 60.80 / 152
T = 0.4 Years = 4.8 months
T = 5 months (approx)
Hope that helps!!!!!
If its simple intrest
SI = P.R.T / 100
60.80 = 3800 * 0.04 * T
T = 60.80 / 152
T = 0.4 Years = 4.8 months
T = 5 months (approx)
Hope that helps!!!!!
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