Question

What investment will earn an interest of Rs.120 at 4% in 5 years ?

Answer 1

S.I = (P × R × T)/100

R = (S.I × 100)/(P × T)

P = (S.I × 100)/(R × T)

T = (S.I × 100)/(P × R)

If the denotes the amount, then A = P + S.I