rs8500 amount to rs15385 at interest rate 9% per annum find what time will
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Answer:
Time = Simple Interest * 100/Principal * Rate
S.I = 15385 - 8500 = 6885
Time = 6885 * 100 / 9 * 8500
= 688500 / 76500
= 9
Therefore , Time = 9 years
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