Find the time when : principal rupee 5000 amount rupee 6450 and rate =12%pa
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Answer:
2 yr and 5 month
Explanation:
P=5000
I=6450-5000=1450
r= 12
t=?
t= i x 100/p x r
t= 1450 x 100/5000 x 12
t= 29/12
= 2 year and 5 months.
If the statement is correct, the answer is also correct
Hope it will be helpful to you thanks
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