a sum of money amount to 216 times of itself in 1 and 1/2 years C.I compound semi annually. Find the rate of interest
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Answer:
A = P(1+R/100)^3/2
216 = (1+R/100)^3/2
216^2/3 = (1+R/100)
36 = 1+R/100
R = 36%
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