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How long will it take for Rs 1500 to become Rs 2040 at 6% per annum simple interest? |
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Answer» can you PLEASE subscribe to my channel Armyblink15 Step-by-step explanation:Given :-P = 1500R = 8%SI = 2040 - 1500 = 540T =?Formula :-SI = \FRAC{p \times r \times t}{100} 100p×r×t SOLUTION ✍️540 = \frac{1500 \times 8 \times t}{100} 1001500×8×t 540 = \frac{12000 \times t}{100} 10012000×t T = 540 \times \frac{100}{12000}540× 12000100 T = \frac{9}{2} 29 = 4.5yrs |
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