10yrs 5months and 12yrs 9 months
Who answer first they get 100 it should be correct full. Process
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100 is the right answer of the question
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Step-by-step explanation:
Principal (P) = $ 2000,
Rate (R) = 6% p.a.
Time (T) = 7 years and 3 months.
[We know, when “T’ i.e., the time is given in months then it should be divided by 12 to convert into years].
= 7 3/12 years.
= 7 ¼ years.
= (7 × 4 + 1)/4 years.
= 29/4 years.
Simple Interest (SI) = (P × R × T)/100
Simple Interest (SI) = (2000 × 6 × 29)/(100 × 4)
= 348000/400
= 870
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