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Q.
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
C.
4.5 years
D.
5 years
View Answer
Correct choice: B
Explanation:
Time = (100 x 81)/(450 x 4.5) years = 4 years.
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