In how many years will ₹12000 yield an amount of ₹13500 at 10% simple interest.
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Answer: 11 1/4 Years
Step-by-step explanation:
P= ₹12000
R= 10%
SI= 13,230
T= SI *(multiplied by) 100/P*R
T= 13,230*100/12000/10
(the zero's are cut off btw)
HENCE T= 11 1/4 Years
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