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Q:

In how much time will a sum of Rs. 12500 amounts to Rs. 20000 at the rate of 8 percent per annum at simple interest?

  • 1
    10 years
  • 2
    7.5 years
  • 3
    8 years
  • 4
    12.5 years
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Answer : 2. "7.5 years"

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