in how many years will 20000 amount to 23000 at 5% p.a simple interest ?
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P = ₹20000
A = ₹23000
SI = A - P
SI = ₹23000 - ₹20000
SI = ₹3000
3000 = (20000 × 5 × t) ÷ 100
300000 = 100000t
t = 3 years
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