Question

In how much time (in years) will ₹7200 amount to Rs. 8928 at simple interest at the rate of 8% per annum?

पर्याय

• 3

• 4

• 2

• 6

Answer 1

3

Explanation:

7200 × 8% = ₹576 

∴ 8928 - 7200 = `1728/576`

= 3 years