Rakesh invested Rs 25,000 in a finance company and received Rs
36,000 at the rate of 20% per annum compounded annually. Find the
time period. Pl tell Fast
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Step-by-step explanation:
s.i- (36000-25000) = 11000
11000= 25000× 1/5 × T
T= 11/5 = 2.2 year
so in 2.2 yr Rakesh will get total amount of 36000
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