At what rate per cent per annum will * 6300 yield an interest of 2100 in 4 years?
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Step-by-step explanation:
The principle is given as Rs6300 and the simple interest is given as Rs2100 with time as 4 years.
S.I.=
100
P×R×T
2100=
100
6300×R×4
R=
6300×4
2100×100
R=8.34%
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