Reena made a fixed deposit for certain years he deposit rupees 12000 and after maturity of the fixed deposits she got rupees 15972 the interest rate was 10% p.a. compounded annually find the time
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Answer:
a=12000
p=15972
r=10%
a=p×r×t/100
12000×100= 159720×t
1200000/159720=t
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