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In how many years will ₹6000 amount to ₹7440 at 6% per annum simple interest?

Competition practiceSimple & Compound Interest
  • A6
  • B3
  • C4
  • D5

Step-by-Step Solution

SI = 7440 - 6000 = 1440. Time = SI 100 / (P R) = years.
Answer: C) 4

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