At aimple intrest a sum becomes 49/40of itself in 5/2 years .The rate of intrest per annum is
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Answer:
49%
Step-by-step explanation:
Let it be X
So Interest=49/40*X
Time=2.5 years
R=Interest*100/P*T
R=X(49/40)*100/X*2.5
R=(49/40)*100/2.5
R=1.225*100/2.5
R=122.5/2.5
R=49%
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