A) 3 years
B) 2 years
C) 4 years
D) 6 years
Correct Answer: A
Solution :
\[28\frac{4}{7}\] \[28\frac{3}{4}\] \[R=\frac{100\times I}{PT}=\frac{100\times 45}{450\times 2}=5%\] Now take, \[P=Rs.\,820;\,A=Rs.\,943;\,R=5%;\,T=?\] \[I=A-P=943-820=Rs.\,123.\] \[I=\frac{PTR}{100}\] \[T=\frac{100\times I}{PR}=\frac{100\times 123}{820\times 5}=3\,years.\]You need to login to perform this action.
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