At what rate percent will rs. 16000amount to rs. 20000 in two yearsl
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Step-by-step explanation:
principles =16000
Amount =20000
simple interest = 20000-16000
=4000
time=2 yrs
SI =(P* R* T) /100
4000 = 16000*R*2/100
R =4000/320
R= 12.5%
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