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How much times (in years) will it take for an amount of Rs. 450 to yield Rs. 162 an interest at 4.5% per annum?

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How much times (in years) will it take for an amount of Rs. 450 to yield Rs. 162 an interest at 4.5% per annum of simple interest?

posted Feb 7, 2020 by Pushpak Chauhan

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1 Answer

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162/(450*0.045)=8 years

answer Feb 7, 2020 by Hanifa Mammadov
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