How much time will it take for an amount of 450 to yield 81 as interest at 405% per annum of simple interest?
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(100*81/450*4.5)=(2*81/9*4.5)=(2*2/4.5)
so 4/4.5=4 (given ans)but
4/4.5=0.8888
So my doubt is how the ans was 4 years? can anyone explain me clearly?
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