anil borrowed a sum of 12300 rupees for a certain period at the rate of 10 % per annum and returned rupees 18450.Find the time for which money was borrowed by him.
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Answer:
there is ani borrowed money by simple interest
so PRN / 100
i =18460-12300=6150
6150=12300×10/100×N
so u solve n get
N=5
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