A principle of Rs7000 amounted to Rs7490 at the rate of 3.5%pa, Find the
time
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A principle of Rs7000 amounted to Rs7490 at the rate of 3.5%pa, Find the
time
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Answer:
interest=
p ∗ r ∗ t
100
p = principal amount , r = rate , t = time
interest=
7000
∗
3.5
∗
2
100
interest = RS. 490
total amount = interest+ principal amount
= 7000+490= Rs 7490