Math Problem Statement

find out how much rupees deposited in 4 years and 6 months at 5% interest rate will be rs.2,51,225.

Solution

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Math Problem Analysis

Mathematical Concepts

Simple Interest
Time and Interest Calculations

Formulas

Simple Interest Formula: A = P * (1 + (R * T) / 100)
Principal Calculation Formula: P = A / (1 + (R * T) / 100)

Theorems

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Suitable Grade Level

Grades 9-12