Dinesh gave 25000 rs to a person for 5 year at certain rate . He got 400000 rs after 5 year . Find the rate of interest.
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Answer:
P=25000
T=5
A=40000
R=?
Answer
SI=A-P
=40000-25000
=15000
Rate- SI*100/P*T
=15000*100
25000*5
=300
25
R=12
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