Question

Cheryl cooperative society gives agriculture loan to its members at the rate of simple interest of 4% per annum but and interest is to be given at the rate of simple interest of 7.4 % per annum for a loan taken from the bank a farmer bring a member of the cooperative society tax loan of rupees 5000 from its instead of taking loan from the bank the latest right by calculating the money to be saved as interest per annum

Answer 1

Answer:

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