At what rate per cent per annum will the ₹6720 be ₹1911 in 3 years and 3 months
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1
Answer:
The rate of interest is 8.75%.
Step-by-step explanation:
According to question, we have:
6720×413×100r=1911
⇒r=6720×131911×4×100
⇒r=434=843%
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