rs 1460 is invested at the rate of 8% simple interest after how many days will the interest of rs - Maths - Comparing Quantities

Question

rs 1460 is invested at the rate of 8% simple interest after how
many days will the interest of rs 240 be acquired

Shubha · Accepted Answer

Here Principal = P= Rs 1460
Int Rate =R= 8%
Interest = Rs 240
Again Simple Interest = P * R * T /100 (Where T is time in
years)
or 240 = 1460 * 8 *T /100
or 240 *100/ (1460*8) = 150/73 years = 150*365/73 days = 750
days (Answer)

rs 1460 is invested at the rate of 8% simple interest after how many days will the interest of rs 240 be acquired