find the rate of interest that yields an interest of ₹144 on a sum of ₹800 lent for one year
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Answer: your required answer is :-
interest = p *r*t/100
144 = 800*r*1/100
144 = 800*r/100
144*100 = 800*r
14400 = 800*r
14400/800 = r
18 = r
so ,,
rate of interest is 18%
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hope this helps you dear !!
itz shivani ...
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