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CBSE Class 7 Answered

You have Rs 3000 savings bank account.The bank pays 6% interest per annum.Find i.after how many years would you earn Rs. 720 as interest.
Asked by teku.esther12 | 04 Mar, 2021, 10:45: PM
answered-by-expert Expert Answer
S i m p l e space i n t e r e s t equals fraction numerator P n R over denominator 100 end fraction 720 equals fraction numerator 3000 cross times n cross times 6 over denominator 100 end fraction n equals 4 H e n c e space i t space w i l l space t a k e space 4 space y e a r s space t o space e a r n space t h e space s i m p l e space i n t e r e s t space o f space 720
Answered by Utkarsh Lokhande | 08 Mar, 2021, 01:50: PM

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CBSE 7 - Maths
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CBSE 7 - Maths
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CBSE 7 - Maths
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