A sum of money amount to rs. 5200 in 5 yrs. and to 5680 in 7 yrs. at simple interest.the rate of interest per annum is
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Answer:
SI for 2 yrs=5680-5200 =480
S1 for lyr=240
S1 for 5yrs=1200
Prlamount=5200-1200 = 4000
Rate of int. = 1200x100/4000x5=
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