3: Find the rate of interest when the SI on:
(i) Rs650 for 2 years is Rs 52.
(ii) Rs3,157.50 for 4 years is Rs1,263.
(iii) Rs 917.50 for the period Ist March to 18th December is Rs 55.05.
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Answer:
SI = P×R×T÷100
650×52×2
=650*104
=650*104
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