a person invests ₹12000 as fixed deposit at a bank at the rate of 10%per annum simple interest. But due to some pressing needs he has to withdraw the entire money after 3yr for which the bank allowed him a lower rate of interest. if he gets ₹3320 less than what he would have at the end of 5yr, the rate of interest allowed by bank?
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Sombarna2004:
thanks thanks a lot
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