Find the rate of interest rupees 1200 amounts to rupees 1300 in 2 years and 5 months
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Principal(P)=Rs.1200
Amount(A)=Rs.1320
S.I.=A−P=Rs.1320−Rs.1200=Rs.120
Time(T)=2 years
Rate%=P×TS.I.×100
=1200×2120×100=5% p.a.
Step-by-step explanation:
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Answer:
when Amount is deducted from principle si is found out
Step-by-step explanation:
SI = PTR/100
SI = P-A
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