a certain sum amount to rupees 6916 in 3 years and to Rupees 7960 in 5 years at simple interest find the sum and the rate percent per annum
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Answer:
sum=7960-6916
=956
SI=A-P
=7960-956
=7004
r%=SI*100/P*T
=700*100/956*5
=14.41%
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