1 Time in which 10,000 will earn an interest of
12600 at 18% p.a.
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Given :-
Principle (P)= 10,000/-
Rate(R)=18%
Simple Interest (SI)=12,600/-
SI = P×R×T/100
12600=10,000×18×T/100
12600=100×18×T
12600/100=18×T
126/18=T
T=7 years
Time = 7 years
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