A sum of Rs. 3,50,000 is lent at simple interest. When the interes
calculated by taken the rate as 6.8% instead of 8.6 , the

Question

A sum of Rs. 3,50,000 is lent at simple interest. When the interes
calculated by taken the rate as 6.8% instead of 8.6 , the difference ve
be Rs.56,700. At what time the amount will be cleared?can Anyone have this questions ana

Peyton · Answer

Step-by-step explanation:   Simple interest is a method of calculating the interest that is charged on fixed deposits, savings accounts, and loans. It is calculated on the principal amount. Simple interest does not add any interest rate on the interest amount gathered on the principal amount.

Jasmine

Find the sum of the first 30 positive integers divisible by 6

Arrange the rational numbers in ascending order.

13

10

,

−7

2

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A sum of Rs. 3,50,000 is lent at simple interest. When the interescalculated by taken the rate as 6.8% instead of 8.6 , the