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How long will it take for rupees 2500 invested at the rate of 9% per annum simple interest toamount to 3100 |
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Answer» <P>Answer: 2.66 years Step-by-step explanation: Principal= Rs.2500 Rate of interest=9% Time = n (to be FOUND out ) Amount to be made = Rs.3100 S.I = P x R x T /100 Amount= Principal + Interest 3100=2500+(2500 x 9 x n/100) 3100-2500=25 x 9 x n. (2500/100=25) 600=225n n=600÷225 n=2.66 |
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