How long will it take for a sum of rs 8250 invested at 8 % per annum simple interest to amount to rs 10230?
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Answer:
3 years
Step-by-step explanation:
PNR/100 = Simple interest
8250*8*N/100 = 1980
N = 3years
Amount = Principle + Interest
Interest = 10230 - 8250 = 1980
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