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Find the time in which 1200 will amount to 1536 at 3.5% per year

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Find the time in which 1200 will amount to 1536 at 3.5% per year

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Simple Interest I=PNR/100
Given,
A=Rs.1536
P=Rs.1200
I=A−P=1536−1200=Rs.336
R=3.5
So, 336=(1200xNx3.5)/100
=>N=8 years

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