In what time will ₹ 200 amount to ₹ 270 at the rate of 5%p.a. simple interest?
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Answer:
1 year = 10 + 200 = 210 ( 5% of 200 = 10 )
270 - 200 = 70 rupees
1 year = +10
then 7 years = +70
Answer) IN 7 YEARS!
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