In how many years the interest of Rs25000 at 5 1/2%per year will be Rs3300?
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Answer:
2.4 years
Step-by-step explanation:
here, P=25,000 ; R=11/2% ; S.I=3,300 ; T=x years
and S.I =P×R×T/100
A.T.Q, 3,300=25,000×(11/2)×x
x=3,300×2/(25,000×11)
x=2.4 years
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