In what time will Rs 400 amount to Rs 512 if the simple interest is calculated at 14 /pa
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Answered by
55
Answer:
2 years.
Step-by-step explanation:
Principal = Rs 400
Interest = 512 - 400 = Rs 112
Rate = 14 %
Time = (112 X 100) ÷ (400 X 14)
= 2 years
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