Krishnashrrstha41idn
Answered

IDNLearn.com makes it easy to find accurate answers to your questions. Our experts are ready to provide prompt and detailed answers to any questions you may have.

what is the intrest of rs2160 at the rate of 20% for 4years?in how many years will rs1800earn the same intrest at the rate of 12%​

Sagot :

Jeremiahkevinmidn

Answer:

considering it was simple interest,

We have the formula:

I = PRT ÷ 100

where,

  • I = Interest
  • P = principal
  • T = time (in years)
  • R = rate

for the first part of the question,

  • P = Rs. 2160
  • R = 20
  • T = 4

Thus, I = (2160 × 20 × 4)÷ 100

I = Rs. 1728

Now, for the second part,

  • P = Rs. 1800
  • I = 1728
  • R = 12

T = 100×I÷PR

T = 100 × 1728÷(1800 × 12)

T = 8 Years

Your engagement is important to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. Find reliable answers at IDNLearn.com. Thanks for stopping by, and come back for more trustworthy solutions.