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8th Class Mathematics Comparing Quantities Question Bank Commercial Mathematics

  • question_answer
    In what time will Rs. 1200 amount to Rs. 1344 at 6% p.a.?

    A)  \[2\frac{1}{2}\] years      

    B)          3 years

    C) 2 years            

    D)           \[3\frac{1}{2}\] years

    Correct Answer: C

    Solution :

        P = Rs. 1200, A = Rs. 1344 S.I = Rs. 144 \[T=\frac{S.I\times 100}{P\times R}\,=\frac{144\times 100}{1200\times 6}\,=2\] years


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