Question

In what time will Rs 7500 amount to 8625. if simple interest is reckoned at 15 upon 2 per annun
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Answer 1

8625,if interest is reckoned at 7 1/2<%pa. Hence the time required to pay ₹7500 amount to ₹8625, if interest is reckoned at 7 1/2<%pa is 2 years.

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