find the time after which rupees 500 will earn simple interest rupees 82.50 at 11% per annum
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Answer:
1.5 Years
Step-by-step explanation:
Interest = principal *time *rate/100
82.5=500*11*t/100
T=82.5/(5*11) = 16.5/11 = 1.5
So the answer is 1.5 years.
Explanation:
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