At a certain rate of CI per annum, Rs 4,000 becomes Rs 4,630.50 in 3 years. Find the rate %. Also find CI for 4 years
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Answer:
5%
231.5
Step-by-step explanation:
4000(1+r/100)^3=463050/100
1+r/100=1.05
r=5
5% of 4630.50 = 231.5
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