at what percentage of intress RS 8000 amount to Rs RS 11200 in 5 years
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Answer:
5.5%
Step-by-step explanation:
principal=8000
amount=11200
Time-5 years.
S.I=Amount-Principal
S.I=11200-8000
S.I=2200
rate=S.I*100/Principal*Time
Rate=2200*100/8000*5
Rate=5.5%
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