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In how many years will ₹2500 amount to ₹3000 at 5% simple interest per annum?

Competition practiceRatio, Percentage & Commercial Math
  • A3
  • B5
  • C4
  • D8

Step-by-Step Solution

SI = 3000 − 2500 = ₹500. Using SI = PRT/100: → years.
Answer: C) 4

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