Question

What sum will amounts to Rs. 8360 in 9 months at 6% p.a. simple interest? *​

Answer 1

Answer:

Given:- P=Rs.8000,A=Rs.8368,R=6%

We know that,

Amount=Principal(1+((Rate×time)/100))

=(8360/8000)=1+((6×t)/100)

=(8360/8000)−1=((6×t)/100)

=t=[(8360−8000)/8000]×(100/6)

=(360/8000)×(100/6)

=(6/8)×12months

=9months