a sum of money lent at simple interest amount to rupees 3000 in 2 years and Rs 4000 in 6 years find the sum and the rate of interest
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Intrest=4000-3000=1000 in 4years
1000=3000×4×R/100
R=25/3=8.33%
1000=3000×4×R/100
R=25/3=8.33%
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