1800 amounts to re.2250 in 2 1/2yr .the rate percent is
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s.i.=2250-1800=450.
T=5/2 years.
R=s.i.×100)/T×P
=450×100)/5/2×1800
=45000/5×900
=10%
RATE=10%.
T=5/2 years.
R=s.i.×100)/T×P
=450×100)/5/2×1800
=45000/5×900
=10%
RATE=10%.
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