Find the interest on ₹ 3600 at 225% per annum for a period of 3 years and 6 months.
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We have:-
P= ₹3600
A=473
T=321 = 27year
R=?
we know that ,
A= p + S.I
S.I= 100PRT
Therefore,
A-P= 100PRT
4734= 3600= 1003600×R×27
1134= 36×R×7
R= 9%
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