company borrow 1000rs. in 1977 after 42 years company returns back 3200000 how much rate %
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Answer:
principal=1000rs.
Time=42 years
amount=3200000
Simple interest=amount-principal
3200000-1000
=3199000
Rate= SI×100/p×t
3199000×100/1000×42
=7616.66 rs.
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