A sum of money invested at 5% per annum amounts to rupees in 12/5 years whta will amou
nt to in 3 years 9 months at the same rate of interest
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Let sum of money be Rs. x
S.I =40% of x =
5
2x
Given rate =5%
Therefore, time =[
100×(
5
2x
)×(
5x
1
)
]=8yrs
Thus, it will take 8 years.
Hope it will help you
Let sum of money be Rs. x
S.I =40% of x =
5
2x
Given rate =5%
Therefore, time =[
100×(
5
2x
)×(
5x
1
)
]=8yrs
Thus, it will take 8 years.
Hope it will help you
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