At what rate per cent per annum will rupees 3600 amount to rupees 4734 in 7/2 years
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Answer:
Answer by Simple Interest
___________________________
Principal = Rupees 3600
Amount = Rupees 4734
Time = 7/2 years
SI = rupees 1134
Rate % = 100 * SI / Principal * Time
= 100 * 1134 / 3600 * 7/2
= 9% pa
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