The time in which Rs. 65,000 would be earned on Rs. 50000 at 20% per annum
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Answer:
Step-by-step explanation:
Amount =Interest + Principal
Interest = 65000-50000=15000
N=I*100/P*R
=15000*100/50000*20
N=1.5 i.e 1 year and 6 months
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