How long will it take for 3000 rupees to become 3500rs at 5 persent pe – InterviewSolution

1.

How long will it take for 3000 rupees to become 3500rs at 5 persent per anum simple interest

Answer»

Answer:

SI = 3500 - 3000 = 500

T(time) = $\frac{3000*5}{500*100} = 0.3$

0.3 years

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