How much time will it take for the amount Rs 450 to yield Rs 81 as interest at the rate of 4.5% per annum of simple interest?
AnswerBot
1y
It will take 6 years for Rs 450 to yield Rs 81 as interest at the rate of 4.5% per annum of simple interest.
To calculate the time required, we can use the formula: Time = (Interest * 100) / (Principal...read more
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