4. At a certain rate of interest, the interest
after 4 years on 5000 rupees principal
is 1200 rupees. What would be the
interest on 15000 rupees at the same
rate of interest for the same period?
Answers
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1
Answer:
Ans. 3600 rupees
Step-by-step explanation:
From the given values we get rate of interest
= 6 %
then, interest on 15000 rupees
= (15000×6×4)/100
=3600 rupees
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