1.

If a man loans Rs. 8500 at a rate of 20% per annum, and he returns Rs. 13650 after sometime, find out the time after which he returned the total amount.​

Answer»

ANSWER: 3 years

Step-by-step explanation:

SI= PRT/100

SI= (8500×20×1)/100

SI= 85×20

SI= 1700

T= (13650-8500)/1700

T= 5100/1700(approx.)

T= 3YEARS(approx.)



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