Question

How much time will it take for an
amount of Rs. 450 to yield Rs. 81 as
interest at 4.5% per annum of simple
interest?
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Answer 1

Answer:

4 years

450 to yield Rs. 81 as interest at 4.5% per annum of simple interest ? Explanation: Time = (100 x 81) / (450 x 4.5) = 4 years.