How much time will it take for an amount of Rs. 1500 to yield Rs.150 as interest at 5% per annum of simple interest?

 a) 1 year
 b) 2 year
 c) 4 year
 d) 5 year


2 year.

Solution
P = Rs. 1500
R = 5%
SI = 150
T = ?
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