Please wait...
1800-212-7858 (Toll Free)
9:00am - 8:00pm IST all days

or

Thanks, You will receive a call shortly.
Customer Support

You are very important to us

For any content/service related issues please contact on this toll free number

022-62211530

Mon to Sat - 11 AM to 8 PM

In how many years will Rs. 900 yield an interest of Rs. 324 at 12% per annum simple interest?

Asked by Topperlearning User 12th March 2014, 4:36 PM
Answered by Expert
Answer:

Here , 

P = Rs. 900

R = 12% p.a.

S.I. = Rs. 324

Using the formula, 

                                   324 = 108 x T 

Hence, T =  = 3 years

Answered by Expert 12th March 2014, 6:36 PM
Rate this answer
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10

You have rated this answer /10

Your answer has been posted successfully!

Chat with us on WhatsApp