In how many time will ainterest on RS 3000 at 5% per annum be Rs 600 ?
ram94:
ans is 2 year
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as interest equals to P×R×T/100.
then
600= 3000×5/100 ×T
then ,T= 600/150=4 days
then
600= 3000×5/100 ×T
then ,T= 600/150=4 days
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