In what time shall ₹ 500 amount to ₹ 700 at 8% simple interest per annum. plzzz tell fast...
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Explanation:
(ii) Principal (P) = Rs 500
Rate of interest (R) = 12.5% p.a.
Time (T) = 4 years
Simple interest = P×R×T100=500×12.5×4100=Rs 250
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Answer:
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