In what time will RS 2750 amount to RS 3575 if simple interest is calculated at 10/ per annum
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3 years
Step-by-step explanation:
Given that,
Principal = Rs. 2750
Rate = 10%
To calculate the simple interest for one year,
S.I. = (P * R * T)/100
= ( 2750 × 10 × T ) / 100
= Rs. 275
As we know that,
Amount = Principal + S.I.
3575 = 2750 + S.I.
S.I. = 3575 - 2750
= Rs. 825
On dividing, Rs. 825 ÷ Rs. 275(for one year)
T = 3 years
Learn more: find the simple interest
brainly.in/question/635210
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