A man got Rs. 130 less, as simple interest,when he invested Rs. 2000 for 4 years ascompared to investing Rs. 2250 for sameduration. What is the rate of interest ?
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Answer:
R=si*100/t*p
R=130 *100/4*2000
R=52000
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Step-by-step explanation:
r=28.125 or 13/8 is the rate of interest
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