at what rate per cent will rs 1600 amount to rs 20000 in two years
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Step-by-step explanation:
r=? A=2000 , P=1600, T=5 YRS
S.I=A-P=400
S.I=
100
P×R×T
400=
100
1600×R×5
16×5
400
=R
R=5%
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