8. The simple interest on a certain sum of money
is 3/8 of the sum in 6 whole 1/4 years. Find the rate
percent charged.
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p= Rs.8
s.l.=Rs . /8xx8⅜ × 8
=Rs. 3
T = 6 1/4 year= 25/4 year6¼ year
=25/4 year
we know that
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