per annum.5. In what time will1860 amount to Rs 2641.20 at simple inte – InterviewSolution

1.

per annum.5. In what time will1860 amount to Rs 2641.20 at simple interest of 12% per annum?

Answer»

SI = 2641.20 – 1860 = 781.2 Rs. Time=SI*100/(principle*rate)time=781.2*100/(1860*12)time=3.5=3 1/2yrs

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