II.
6. Find the time period in which 12000 will mature to 5 14160 at the rate of
6% per annum.
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☯GIVEN :
- Amount (A) = Rs 14160
- Rate (R) = 6%
- Principal (P) = 12000
☯TO FIND :
- Time (T) .
☯ FORMULAE REQUIRED :
➲SOLUTION :
Substituting the given values in the First Formula :
Substituting the given values in the Second formula :
Time = 3 years.
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