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26 July, 15:43

beena has a cumulative deposit account rs. 400 per month at 10% per annum simple interest. if she gets rs. 30100 at the time of maturity, find the total time for which the account was held.

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  1. 26 July, 16:26
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    Answer:T=1.54yr

    Step-by-step explanation:

    Formulate for simple interest

    I=prt/100

    T=100I/pr

    T=100*400*12/30100*10

    T=1.54yr
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