In 4 years rs 6500 amounts to 8840 at a certain rate of interest. In what time will rs. 1600 amouts to rs. 1816 at the same rate?
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T= 4yrs
P= 8840-6500
=2340
R=?
SI= P×R×T/100
8840= 2340×R×4/100
8840=936 R/10
8840×10=936 R
88400/936=R
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