Ananyaa invests an amount of Rs. 9534 at the rate of 4 % per annum to obtain a total amount of Rs. 11442 on simple interest after a certain period. Find the number of years that Ananyaa had to invest the amount to obtain the total sum of Rs. 11442?
Ananyaa invests an amount of Rs. 9534 at the rate of 4 % per annum to obtain a total amount of Rs. 11442 on simple interest after a certain period. Find the number of years that Ananyaa had to invest the amount to obtain the total sum of Rs. 11442?
Solution
✅ Correct Option: 4
Interest .
Using , one year's interest is .
years.
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