A sum of rs 750 become rs 795 in 2 years by simple interest , then the rate of simple inyerest is
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we know that
si =ptr/100
si= amount -principle
si=795-750 =45
45=(750×2×r)/100
4500/1500=r
r=3%
hope it helps you
si =ptr/100
si= amount -principle
si=795-750 =45
45=(750×2×r)/100
4500/1500=r
r=3%
hope it helps you
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