Find Rate when, Principal is ₹ 6000, Interest is ₹900 and Time is 7 years.
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Answer:
Rate = 0.2142857143 per annum
Step-by-step explanation:
Rate=(interst×100)/(principal×time)
rate=(900×100)/(6000×7)
rate=3/14
Rate=0.2142857143per annum
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