In what time will Rs. 1860 amount to2641.20 at simple interest 12% per – InterviewSolution

1.	In what time will Rs. 1860 amount to2641.20 at simple interest 12% per annum?2641.20 8t ?
Answer» Interest = Amount - Principal = 2641.2 - 1860 = Rs. 781.2Interest = PrincipalRatetime / 100=> time = (Interest100)/(PrincipalRate)=> Time = (781.2100)/(186012)=> Time = 3.5 years

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