Ranveer borrowed₹12000 from a friend at the rate of 7.5% for certain period he paid ₹1800 as interest.Find the period of his transaction?
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Step-by-step explanation:
so
si=p×t×r/100
t=si×100/p×r
t=180000×10/12000×75
t=1800/12×75
t=150/75
t=2years
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