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In 4 year Rs.6000 amount became Rs.8500 for some rate of simple interest.Then period required for Rs.1200 to become an amount of 1825 at same rate of interest is
Given, Principal amount = Rs.6000
Time = 4 years
Total amount = Rs.8500
Let the rate of interest = R
$$\Rightarrow$$ 8500 - 6000 = $$\frac{6000\times4\times R}{100}$$
$$\Rightarrow$$ 2500 = 240R
$$\Rightarrow$$ R = $$\frac{125}{12}$$%
Let the time required for Rs.1200 to become Rs.1825 at $$\frac{125}{12}$$% is T
$$\Rightarrow$$ 1825 - 1200 = $$\frac{1200\times T\times\frac{125}{12}}{100}$$
$$\Rightarrow$$ 625 = $$\frac{12\times T\times125}{12}$$
$$\Rightarrow$$ T = 5 years
Hence, the correct answer is Option A
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