A Sum of rupees 2000 earns an interest of rupees 400 at 10% per annum in how many years?
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Answered by
1
Answer:
Correct option is C)
Principal = Rs 2000
Time = 4 years
Interest = Rs 400
Let Rate of Interest= R
Now, Interest=
100
Principal×Rate×Time
400=
100
2000×R×4
R=
2000×4
400×100
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