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Articles National affairs: the cabinet committee on economic affairs has approved the proposal to amend Read more.. National affairs: union minister shri piyush goyal inaugurated the “conclave on public Read more.. National affairs: the national health authority (nha) issued hardware guidelines for healthcare Read more.. F-insas systemcontext: defence minister rajnath singh handed over the f-insas system to the Read more.. Provide commentsCOPYRIGHT NOTICE: Please do not copy and paste content from here. This content is either purchased or provided by experts. Please report copyright violation of genuine owner of content to [info at onlinetyari.com]. It will be removed within 24 hours after ownership check. FAIR USE POLICY: You can show our questions on blogs/facebook pages/Any web page/Apps on condition of putting [Source:OnlineTyari.com] below the question. How long will it take for a sum of money to grow from ₱ 1250 to ₱ 10000 if it is invested at 12.5% pa simple interest *?Therefore, the interest earned = 10,000 – 1250 = 8750. => n = 700 / 12.5 = 56 years.
How many years will it take to double the investment at 12.5% simple interest?Time = 8 years. Was this answer helpful?
How long will it take a sum of money invested at 5% Si to increase its value by 40%?Thus, it will take 8 years.
How long will it take a sum of money invested at 6% pa on simple interest to increase its value by 50 %?Detailed Solution. Given: Rate of simple interest = 6% p.a. ∴ The required time is 8 1 3 years.
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How long will it take for a sum of money to grow invested at 12.5% pa simple interest from Rs 1250 to Rs 10000?
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