Those years ₹870 will amount to ₹1044 at 5/2% per annum
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Answered by
27
interest = 1044 - 870
= Rs 204
simple interest = prn/100
according to given condition,
n × 870 × 2.5 =20400
n = 20400 /870 ×2.5
n= 9.7
n =9.7 years..
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Answered by
8
interest = 1044 - 870 = Rs 204
simple interest = prn/100
according to given condition,
n × 870 × 2.5 =20400
n = 20400 /870 ×2.5
n= 9.7
n =9.7 years..
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