5. i and ii
Plz help me give correct answers...
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Step-by-step explanation:
Amount or A = 1320
Principal or P = 71200 =
Time or T = 2 years
To find Rate or R, first we have to find
Simple Interest or S.I
S.I = Amount - Principal
= == 13201200
= 120
Rate of interest or R
= 100 x S.I P x T
= 100 x 120 = 1200 x 2
(You can cut the numbers by dividing)
= 5%
.:Rate of interest or R = 5%
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