Manu invested an amount of Rs. 14800 at the rate of 7% per annum. After how many years will she obtain a simple interest of Rs.15800?

Question

Accepted Answer

We know that, I = PTR/100 ATQ, 15800 = 14800 x T x 6/100 T = 15800/148x7 T = 15800/1036 T = 15.25 yrs.

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