Question

What is the interest of Rs. 1080 after 4 years at the rate of Rs. 10%?. After how many years is the interest be same for Rs. 900 at the rate of 12% interest?​

Answer 1

Step-by-step explanation:

Here P=Rs.750

R=4% per annum

Amount=Rs.900

S.I=Amount−P=900−750=Rs.150

Simple interest=100PRT

⇒T=PRS.I×100=750×4150×100=5 years

Hope this will help you