Question

How many years will it take for ₹8,400 to amount to ₹11,928 at a simple interest rate of 7% per annum?

SI PRT100 SI 11,928 8,400 3,528 P 8,400 R 7 T T 3528 X 1008400 X 7 6

A 8

B 5

C 2

D 6

Detailed Solution