In what duration (in years) will ₹ amount to ₹ at simple interest per annum?
- A3.5
- B5
- C3
- D5.5
Solution & Step-by-step Explanation
Given:Principal () = ₹ Amount () = ₹ Rate () = per annumSimple Interest ():
Using the formula for Simple Interest:
Using the formula for Simple Interest: