find time when principal is ₹300 interest is ₹60 and rate is 5%
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Answer:
I have suggested u how to find the time....
Step-by-step explanation:
r and t are in the same units of time.
Calculate Interest, solve for I. I = Prt.
Calculate Principal Amount, solve for P. P = I / rt.
Calculate rate of interest in decimal, solve for r. r = I / Pt.
Calculate rate of interest in percent. R = r * 100.
Calculate time, solve for t. t = I / Pr.
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