Business Studies, asked by anchitha627, 1 year ago

A sum of money becomes rs3000 in 2 years and rs 3250 in 3 years.Find the principal and rate of interest

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Answered by Anonymous

2

sum of money becomes 3000rs in 2 yr and 3250in 3yr ..

therefore 3250-3000=250rs

rate of interest =3250/250=13℅

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