in how many years will rupees 75000 amount to rupees 9000 at 4% percent p.a. simple interest
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Answer:
Here P=Rs.750
R=4% per annum
Amount=Rs.900
S.I=Amount−P
- =900−750
- =Rs.150
Simple interest=PRT/100
T= S.I*100/PR
=150*100/750*4
=5 yrs
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