If principal = Rs 1,200, interest = Rs 480 and rate is 10% p.a., then time is
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Principal = 1200
SI = 480
Rate = 10 %
Time = ?
SI = P × R × T / 100
480 = 1200 × 10 × T / 100
480 = 120 × T
120T = 480
T = 480 / 120
T = 4 years.
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