In what time will Rs.500 amounts to Rs.650 at 5% p.a.?
Answer & explanation
Correct answer: option 4
Interest = 150
⇒ S.I. = 150 = \(\frac{600\;×\;5\;×t}{100}\)
⇒`time = 5 years
In what time will Rs.500 amounts to Rs.650 at 5% p.a.?
Correct answer: option 4
Interest = 150
⇒ S.I. = 150 = \(\frac{600\;×\;5\;×t}{100}\)
⇒`time = 5 years