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How much time will it take for an amount of Rs.
Question 1:
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 ?
A.
3.5 years
B.
4 years
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Time = (100 x 81/ 450 x 4.5) = 4 Years.
C.
4.5 years
D.
5 years
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