Give me the answer of this question...
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Step-by-step explanation:
let principal = 100
amount =9/4×100
=9/4×100
=225
interest =Amount - principal
I=225-100
I=125
as we know formula,
interest =
=(principal ×rate× time)/100
=125=(100×rate×2)/100
125×100=200×rate
12500/200=rate
62.5=rate
rate percentage is 62.5.
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