a sum becomes 5 times in 32 years at a simple interest, then the rate of interest is
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17
Let the principle(P) be ₹x
Amount(A)= ₹5x
Time(t) = 32 yrs.
S.I. = (A-P)
=₹(5x-x)
=₹4x
Rate = (SI×100)/P×t
= 400x/32x
= 12.5 % p.a.
Amount(A)= ₹5x
Time(t) = 32 yrs.
S.I. = (A-P)
=₹(5x-x)
=₹4x
Rate = (SI×100)/P×t
= 400x/32x
= 12.5 % p.a.
Answered by
3
12.5% is the correct answer of this question
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