How much time will it take for an amount of rs 450 to yield rs 81 as interest at 4.5?
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6
Answer:
4 years.
Step-by-step explanation:
Given:
I=81
R=4.5
P=450
To find
T=? Let take T = X
As we know,
I = P*R*T/100
Putting values in formula,
81 = 450*4.5*X/100
81*100 =450*4.5*X
8100/450 = 4.5X
18/4.5 =X
4 = X
Hence it will take 4 years.
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