i invested $300 for 5 years and eceived $52.50 simple interest.what was the rate of interest?
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Answer:
not clear
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Step-by-step explanation:
Interest type
Simple Interest
Principal Amount (Rs.) Optional
₹ 300
Annual rate Optional
10 %
Period Unit
Years
Period Optional
5
Interest Earned ₹ 150
Principal Amount ₹ 300
Total Value ₹ 450
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