At what rate percent of simple interest will 6200 amount to 9920 in 4 years?
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9920-6200= 3720 this is intrest of 4 years
1 year intrest =3720/4=930
rate =930/6200×100=15 percent per year
1 year intrest =3720/4=930
rate =930/6200×100=15 percent per year
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