Question
Shivam invested 24000 at 15% p.a. simple interest for
βxβ months. If at the end of βxβ months, he received a total amount of Rs.26400. What is the value of βxβ (in years)?Solution
=> (24000 Γ 15 Γ x)/(12 Γ 100) = 26400 β 24000 => 300 Γ x = 2400 => x = 8 years
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