In how many years the Simple interest on rupees 2000 is less than the simple interest on rupees 3000 at 5 percent by rupees 50??
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Answer:
1 year
Step-by-step explanation:
simple interest = principal × rate% × time
simple interest on 3000- simple interest on 2000 = 50
3000×5%× t - ( 2000×5%×t) = 50
150t- 100t = 50
50t=50
t=50÷50
t= 1
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