The simpal interest for Rs .500 at the rate spcpa is Rs.100 then the time period will be
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Answer:
TIME PERIOD IS 4 YEARS ✔✔✔✔✔
Principal = Rs 500
Interest = Rs 100
Rate = 5%
Interest, I = P×R×T/100
100= 500×5×T/100
T=4 years.
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