In how many years the ratio of a principal and its interest at 6% per annum is 5 is to 3
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Required no. Of years = 6 × 5/3
= 10 years
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Answered by
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Answer:
10 yrs
Step-by-step explanation:
p:si=5x:3
therefore, si=p*r*t/100
3x=5x*6*t
300x=5x*6*t
t=300x/5x*6
t=10 yrs
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