in how many years will rs870 amount to rs1044 the rate of interest being 2 1/2 percent per year??????
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Interest=1044-870=174
Now (P×R×T) /100=174
870×5/2×T=17400
T=(17400×2)/(870×5)
T=8yrs
Now (P×R×T) /100=174
870×5/2×T=17400
T=(17400×2)/(870×5)
T=8yrs
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