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In a certain time, the ratio of a certain principal and the simple interest obtained from it are in the ratio 10 : 3 at 10% interest per annum. The number of years the money was invested is
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- 1 year
- 3 years
- 5 years
- 7 years
- 1 year
Correct Option: B
We can find the the required answer with the help of given formula ,
Time = | |
Principal × Rate |
Time = | × | = 3 Years. | ||
10 | 10 |