IN What time Will some of 24000amount to25215 at the rate of 2½% per annum
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LET THE period TO increment be x
interest = 25215 - 24000
= rs.1215
from given condition,
x × 24000 × 2.5 = 1215
= _________________
100
x = 121500 / 24000 × 2.5
x =12.65 years approximately...
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