19. A sum of Rs. 800 is deposited in a bank at the rate
of 5% simple interest per annum. In how many
years will this sum increase to become Rs. 1000 ?
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2
Answer:
5years
Step-by-step explanation:
here,
1000=principal+interest
interest=(principal×rate×time)/100
1000=800+{(800×5×t)/100}
1000-800=8×5×t
200=40t
t=200/40
t=5
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