In what time will Rs 6000 amount to Rs 6360 at 8% per annum simple interest?
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Answer:
Principle 6000
Amount = 6360
Simple Interest=360
Rate =8%
BtQ,
SI-PRT/100
360= 6000*8*T/100
T= 360*100/6000*8
T=3/4
:. Time = 9 months
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