In what time will 1860 Rs. amount to 2641.20 at simple interest 12% per annum ?
In what time will 1860 Rs. amount to 2641.20 at simple interest 12% per annum ?
[A]3 years
[B]3.5 years
[C]4 years
[D]4.5 years
3.5 years
SI = 2641.20 – 1860 = 781.2 Rs.
Hence option [B] is correct answer.
