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How long will it take for a sum of Rs.12600 invested at 9 percent per annum become to Rs.15624
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Answered by
17
Answer:
here your answer.........
T=2(2/3) year's
Step-by-step explanation:
we know that
A = p(1 + TR/100 )
here
A = total money
p = principle money
T = time
R = rate of interest
according to question
p= 12600
R = 9%
A = 15624
find T = ?
put the values above identity
15624 = 12600[ 1 + ( T × 9 )/100 ]
15624/12600 = ( 100 + 9T )/100
15624/126 = 100 + 9T
124 = 100 + 9T
124 - 100 = 9T
24 = 9T
T = 24/9
T = 2(2/3) year's.
another method see in attachment
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Answered by
2
Answer:
Step-by-step explanation:
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