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Q.

In how many years will 750 rupees, amount to 900 rupees at Question Imageper annum.


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a

2 years 245 days

b

3years

c

2 years 311 days

d

3 years 311 days 

answer is C.

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Detailed Solution

Concept: To calculate this we must know the formula for finding the simple interest.
Question ImageI stand for Interest
P for principal amount
r for rate
t for time
 We were asked to find the time
In order to find the time we must find the interest first.
Question ImageHere amount is 900 and principal is 750
Question ImageQuestion ImageQuestion ImageHence, the correct answer is option 3.
 
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