find the time at which 8400 amount to 9240 at 5 percent of simple interest .
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principal=P, interest= I, rate =R
principal = 8400
amount= 9240
interest= 9240-8400 = 840
rate =5%
time =100I/PR
time= 100*840/8400*5
time = 84000/42000
time=2
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