Math, asked by sonaiyarinki, 1 month ago

A man deposits ₹50,000 at 5% interest per annum. In how many years he will earn a simple interest of ₹20,000

Answers

Answered by bugudesanthoshini

0

Answer:

It will take 8 years

Step-by-step explanation:

SI = PTR/100

20000 = 50000 × 5 × Y / 100

hence y = 8.

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