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Answer:
Step-by-step explanation:
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Answer:
12.5 yr
Step-by-step explanation:
Given :
Rate of interest = 8%
Amount is 2 times of Principal .
To Find :
Time (yr)
Solution :
let, principal(p) be Rs x .
So, Amount (a)= 2x
And Simple Interest (S.I) = Rs (2x - x ) = Rs x
We know that,
So, the required time is 12.5 yr .
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