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a) 3 years 1 months
b) 5 years 3 months
c) 2 years 9 months
d) 2 years 5 months
correct answer is: d) 2 years 5 months
Explanation
Here,
P = ₹ 5000
a = ₹ 6450
R = 12 %
So,
SI =\left(Amount-Principal\right)
\therefore SI =₹ 6450-₹ 5000
\rightarrow SI =₹1450
We know, time =\frac{100\times S I}{P\times R}
\therefore time =\frac{100\times1450}{5000\times12}
\rightarrow time = 2 years 5 months
Ans: 2 years 5 months.
