Question

At a certain rate of simple interest, Rs 1625 amounts to Rs 2080 in 3 1⁄2 years. Find the
rate percent annum.

Answer 1

Answer:

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Step-by-step explanation:

Answer 2

Answer:

R=8%

Step-by-step explanation:

S.I=PxTxR/100

455=3.5x1625xR/100

45500=3.5x1625xR

45500/5687.5=R

R=8%

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