Find the rate of interest p.A if rupees 200000 amount to to 231525 in 1.5 years interest compounded half yearly
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A =P (1+r/200) 3
231525 = 200000 (I +r/200)3
(I+r/200)=231525 / 2ooooo
(I+r/200)3=1.157625
(I +r/200)3 = (1.05) 3
1+r/200=l.05
r/2oo=0.05
r = 10
rate = 10% Ans
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