Find the Rate when…..
Principal = $ 350 Time = 2¹/₂ years S.I. = $ 140
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Answer:
Rate= 3.80 $
Step-by-step explanation:
Given :-
principle= 350$
Time = 2.1/2 years
S.I = 140$
To Find :-
Rate=?
Solution:-
As we know that
S.I = P*R*T/100
therefore,
140= 350*2.1/2*R/100
R= 1400/2.1/2*350
R = 3.80$
Rate= 3.80 $
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