Aditya borrowed ₹4225 from Ashu. At the end of 4yrs Aditya had to pay back ₹6253. what was the rate of interest.
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Answer:
12%
Step-by-step explanation:
SI = PRT/100
2028=4225×R×4/100
2028=4225×R/25
R=2028× 25/4225
R= 2028/169
R=12%
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