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A man invested x rupees for y years at a rate of 6.2% simple interest. If he received 1.32x rupees after y years, find the value of y.

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Here are some tips for simple interest:
Formula: The formula for simple interest is I = Prt, where I is the interest earned, P is the principal, r is the interest rate, and t is the time in years.
Time: Time can be calculated using the formula Time = Simple Interest ×100 / P × R.
Different rates: If the rate of simple interest differs from year to year, then Simple Interest = Principal × (R1+R2+ R3......)/100.
 


A man invested x rupees for y years at a rate of 6.2% simple interest. If he received 1.32x rupees after y years, find the value of y.






 
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