10. On a certain sum, the simple interest at the end of (6-1/4) years becomes
of the sum. Find the rate of interest (3/8).
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Let the sum of Money = P
SI = 3/8 P
time = 25/4 years
R = ?
SI = PTR/100
⇒ 3/8 P = P × 25/4 × R / 100
⇒ 3/8 = 25R/400
⇒ R = (3×400)/(8×25)
⇒ R = 6%Answer:
The rate of interest is 6%
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