the SI on rupees 5000 at 5% p.a. in rupees thousand find the time period
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Step-by-step explanation:
Answered by
1
Answer:
Principal = ₹5000
Rate = 5% p.a.
SI = ₹1000
Time = ?
Now, SI = P×R×T
₹1000 = 5000×5/100×t
1000 = 250×t
t = 1000/250
t = 4
So, Time period = 4 years
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