what is the intrest earned if the principal is rs 12500/ - maturity becomes to amount of rs. 17500/ - ?
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Answer:
Principal = Rs.12500
Amount = Rs.17500
Rate of interest = 10% = 0.1
Formula :
Where A = Amount
P = Principal
t = time
r = rate of interest
Substitute the values in the equation :
t=3.53 years
Hence A sum of rs 12500 become rs rs. 17500 at the rate of 10% per annum in 3.53 years
Step-by-step explanation:
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What is the interest earned, if the principal is for Rs.12500/- maturity becomes to a amount of Rs.17500/-? *
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