find the rate percent per annum when a principal of rupees 7000 rupees 1680 in 16 months
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Answer:
18 p.a.
Step-by-step explanation:
R= 100×1680×3/7000×4
=168×3/7×4
=42×3/7
=6×3
= 18
so rate is 18 p.a.
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