When Principal = Rs. 1250, Rate = 14%p.a. and Interest = Rs.700 then what will be time
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Interest= Principal× Rate× Time / 100
here:-
700= 1250× 14 × T / 100
T= 700× 100/ 1250×14
T= 70000/ 17500
T= 4
answer: time = 4 Years.
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