if rate of interest is 12.5and amount is 750.. interest rs is 230 find the principal and years
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Ok it is easy
First, let's see all the given info
R%=12.5
Amount=750 Rs
I=230Rs so:
A=P+I
Therefore P=A-I
750-230=520Rs
Therefore Time=100*I/R*P...so:
100*230/12.5*520
So, 3.5384yrs (approx)
[converting into months will work too]
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