After how many years will a sum of ₹12,500 become ₹17,500at a rate of 10% per annum?
Question
Solution 1
To find out after how many years a sum of ₹12,500 will become ₹17,500 at a rate of 10% per annum, we can use the formula for simple interest:
I = PRT/100
Where: I = Interest P = Principal amount (the initial amount of money) R = Rate of interest T = Time in years
In this case, we know the princip Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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