In how many years will Rs 21,000 amount to Rs 26,040 at 6% per annum simple interest?
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Answer:
Step-by-step explanation:
I=PNR/100
I=A-P
I=26040-21000=5040
Apply the value of I in formula
5040=21000*n*6/100
N=5040/210*6
N=4years
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