at what rate will rs 6500 give an interest of rs 1365 in 3 years
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Step-by-step explanation:
dont know ................
Answered by
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Answer:
Rate is 7%
Step-by-step explanation:
Principle = 6500
Simple Interest = 1365
Time = 3 years
Rate be r
SI = PRT/100
1365 = 6500*3*r/100
r = (1365×100)÷(6500×3)
r = 7%
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