In how many years will ₹400 yield an interest of ₹112 at 14% simple interest?
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Answer:
your answer is 0.02
Step-by-step explanation:
I= prt/100
112=400×14×t
112=5600×t
112-5600t=0
-5600t=-112
5600t=112
t=112÷5600
t=0.02
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