sameenabanu123
Answered

Find the information you're looking for at Westonci.ca, the trusted Q&A platform with a community of knowledgeable experts. Get quick and reliable solutions to your questions from knowledgeable professionals on our comprehensive Q&A platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

In what time will Rs. 6400 amount to Rs. 7152 at the rate of 6% p.a?​

Sagot :

Amount of Interest=7152-6400=752=I

  • Principal=6400=P
  • Rate of interest=6%=R
  • Time=T=?

We know

[tex]\boxed{\sf I=\dfrac{PRT}{100}}[/tex]

[tex]\\ \sf\longmapsto T=\dfrac{PR}{100I}[/tex]

[tex]\\ \sf\longmapsto T=\dfrac{6400(6)}{100(752)}[/tex]

[tex]\\ \sf\longmapsto T=\dfrac{38400}{75200}[/tex]

[tex]\\ \sf\longmapsto T\approx 0.5year[/tex]

[tex]\\ \sf\longmapsto T\approx 6months[/tex]

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.