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How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?
18:40
http://calibour.blogspot.com/
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A. 3.5 years
B. 4 years
C. 4.5 years
D. 5 years
Ans: B
Explanation:
Time
= (100×81/ 450×4.5)years
= 4 years.
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