An amount of money trebled in 6 years.find the rate of interest earned
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The rate of interest is 18/_
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Let the principal be Rs a
Amount = 3a
Si = Amount - Principal
=> PRT/100 = 3a - a
=> a *R *6 = 100 * 2a
=> R = 200a / 6a
=> R = 33.3 %
Rate of interest = 33.3%
Amount = 3a
Si = Amount - Principal
=> PRT/100 = 3a - a
=> a *R *6 = 100 * 2a
=> R = 200a / 6a
=> R = 33.3 %
Rate of interest = 33.3%
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