in what time will the simple interest on rupees 7560 be rupees1102.59 at 6 integer 1 by 4 percent per annum
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Simple interest factor :
Principle × rate × time
Substituting in the formula :
7560 × 0.04 × t = 1102.59
302.4t = 1102.59
t = 1102.59/302.4
t = 3.646 years
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