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How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?

a) 3.5 years
b) 4 years
c) 4.5 year
d) 5 years

Answer: b
Explanation:
$$\eqalign{ & {\text{Time}} = \left( {\frac{{100 \times 81}}{{450 \times 4.5}}} \right){\text{years}} \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\, = 4\,{\text{years}} \cr} $$

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