Question

you put rupees 700 into a saving account with an interest rate of 10% which earn rupees 140 over a periods of time how much long the periods of time​

Answer 1

Answer:

if this question is of simple interest then the result will be:-

Step-by-step explanation:

Amount amount put in the account = 700

Interest rate = 10%

Interest received on that amount after a period of time = 140

We know,

Simple Interest = P*R*T/100 (where P=amount, R= Interest rate ,T = No. of years/Time). -----------------(i)

So,

140 = 700*10*T/100(from i)

140 = 70T

T = 2

So the number of years was 2