Question

you have Rupees 2400 in your account and the interst rate is 5% after how many years would you earn rupees 240 as interest

Answer 1

Hello hope it is helpful follow me if you like
thnx a lot for the question ,

Answer 2

principal is given i. e. 2400 and rate of intrest is given i.e. 5% p. a. si=2400
so
we know that = T= SI x 100 / P x R