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5 votes
you have rs 2400 in your account nd he intrest rate is 5 persent after all how many years you have earn 240 rs

1 Answer

4 votes

Answer:

t =2 years

Explanation:

P = 2400

Rate of interest = r = 5 %

I = Interest = 240

Prt = I


(2400*5*t)/(100)=240\\\\\\24*5*t=240\\\\t= (240)/(24*5)\\\\

t = 2 years

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