Question

10. If the interest of 292 in 1 day be 1 paise, then let us write by calculating, the rate of
simple interest in percent per annum.
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Answer 1

Answer:

1.25%

Step-by-step explanation:

Rate= 0.01×100×365/292×1=1×365/292=365/292=1.25

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Answer 2

Answer:

1.25 is the ans

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