At what rate percent per annum will the simple interest on Rs 5650 be Rs 1695 in 2 yrs 6 months
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Answer:
let the rate percentage be R
atq
5650*54*R/1200=1695
3051R/4=1695
3051R= 1695*4
3051R=6780
R=6780/3051
R=2.23%
hope it helps you
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