what sum of money lent out at 25% per annum for 7 years would produce rupees 20.08 ?
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Answer:
Rs.251
Step-by-step explanation:
Step-by-step explanation:
SI=20.08
R=25%
Y=7
P=(SI×100)/(R×T)
= (20.08×100)/(12×7)
=(2008)/(84)
=Rs.251
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