Question
Shivam invested 20000 at 12% p.a. simple interest for
βxβ months. If at the end of βxβ months, he received a total amount of Rs.23200. What is the value of βxβ (in years)?Solution
=> (20000 Γ 12 Γ x)/(12 Γ 100) = 23200 β 20000 => 200 Γ x = 3200 => x = 16 years
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