If a simple interest on rs. 2000 by rs. 40 .when the rate % increases by 2 % per annum find the time?
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Answered by
1
Answer:
required rime for this condition = 1 year... i am not sure
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0
Answer:
1 year
Step-by-step explanation:
Given :
Principal = P =Rs.2000
Difference in Interest rate R= 2%
Difference in SI = Rs.40
To find :
No. of years N = ?
Base Formula : SI = PNR/100
==> N = SI X 100 / P X R
= 40 X 100 / 2000 X 2
= 1 year
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