In how many years will sum of money get simple interest equal to itself at 25% per annum simple interest?
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In 4 year the total cash will be equal to its 25%per annual simple interest
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In how many years will sum of money get simple interest equal to itself at 25% per annum simple interest ?
According to question ,
- Its simple interest = .
Given :
- Rate = 8 % per annum.
We know that ,
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