Find the Rate if Principal=Rs. 5000, Simple Interest=Rs 300, Time = 2 years.
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Rate of interest: The interest paid on Rs.100 for one. ... Examples to find or calculate simple interest when principal, rate and time are ... P = $ 5000, R = 151/2% p.a. T = 146 days ... Therefore R = ( S.I × 100)/(P × R) = ( 300 × 100)/(6000 × 1) = 5% p.a. 4. ... What sum will yield $ 144 as S.I. in 21/2 years at 16% per annum?
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