Question

(O) The time in which Rs 50 amounts to Rs 55 at 4% simple interest is? (a) 5 years Skyears (c) 2 years (d) 4 years

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Answer 1

Answer:

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Answer 2

Step-by-step explanation:

So,

Let the time=t

Amount =55

Principal=50

So, Simple interest=Amount-Principal

=55-50

=5 rs

Rate of interest=4%

Time=100×SI/50×4

=100×5/50×4

=5/2 yrs

=5 yr 6 month