7At a deposit of R's. 2000 a bank returns
R's. 3000 after 5 years. What is the
percentage rate of interest ?
1) 20 % 2) 15% 3) 10 % 4) 5%
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1
Answer:
10%
Step-by-step explanation:
IA-P=3000-2000=1000
R=I*100/P*T
=1000*100/2000*5
10%
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