How you know the answer I have another question In how much time will rs 5000 Amount to rs 6450 at the rate of 12/ p.a.
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Answer:
Step-by-step explanation:
Given: – P = ₹ 5000, Amount = ₹ 6450, R = 12%, T =?
We Know That, SI = A – P
= 6450 – 5000 = ₹ 1450
T = (100 × SI) / (P × R) =
(100 × 1450) / (5000 × 12)
= (1 × 145) / (5 × 12)
= (29/ 12)
= 2 years 5
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