Prince Sandy
Prince Sandy
8 years ago

In 5 years 5000 amounts to 9000 in what time at the same rate will 600 amounts to 900?

Solution(By Examveda Team)

According to question,
P = 5000, I = 9000-5000 = 4000, and T = 5
therefore R = (I * 100)/P*T = (4000 * 100)/5000*5 = 16%

Now,
P = 600, I =900-600 = 300 , R = 16%
T = (I * 100)/P*R = (300 *100)/600*16 = 3.125 year


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Comments ( 1 )

  1. Kajal Shaw
    Kajal Shaw :
    8 years ago

    Approx 3 year

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