In what time a sum of rupees 30000 earns a simple interest of rupees 7500 at 6.25% per annum
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Answer:
4 years
Step-by-step explanation:
SI = PRT/100
P = Rs 30000
R = 25/4 %
SI = Rs 7500
T = ?
7500 = 30000*25*T / 400
T = 7500*400 / 30000*25
= 4 years
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