what sum will amount to 2085 in 3 year 4 month at 19/4% per annum simple interest
Answers
Answered by
0
Answer:
1800
Step-by-step explanation:
t = 3yr4m = 3 + 4/12 = 10/3 yr
p (1 + rt/100) = 2085
p ( 1 +19/4* 10/3/100) = 2085
p( 1 + 19/120) = 2085
p = 2085 × 120/139 = 1800
Similar questions