Find the time in which the simple interest on 12900 at 8 1by3 percent per annum will be rupees 3225? solution
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Answer:
P=Rs. 6400, R=6%, T=2 yearsS.I.
=P×R×T100=6400×6×2100
=Rs. 768Amount=P+S.I.
=6400+768
= Rs. 7168
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