In how many years will ₹8000 at ₹9680 at 7% p.a. simple interest
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Answer:
3 Years
Step-by-step explanation:
Interest =9680-8000
Interest = P * r * t / 100
Interest = 8000*7*t/100.
1680= 560t.
t = 1680/560
t = 3.
time = 3 years
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