At what rate per cent will a sum of 1200 amount to 1600 in 6 years
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Answered by
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Principal = Rs. 1200
Time = 6 years
Amount= Rs. 1600
S.I = (Amount- Principal)
or, S.I = Rs.(1600-1200)
or, S.I = Rs. 400
Rate=
Therefore, Rate = 5.56%
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0
Step-by-step explanation:
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