How long does it take for a principal of 25000 at a simple interest rate of 5% to become 30,000 rupees
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Answer:
T=24
Step-by-step explanation:
I=PRT/100
30000=25000×5×T/100
30000=125000×T/100
(25000×5=125000)
30000=1250×T(125000/100)
30000/1250=T (1250 is transposed to lhs)
24=T
.°. T =24 days.
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