If ₹750 amounts to ₹885 in three years at simple interest find the rate of interest.
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1
Answer:
A=885, p=750, t=3
A=p(1+RT/100)
885=750(1+R*3/100)
885/750=1+3R/100
1.18-1=3R/100
0.18*100=3R
18/3=R
R=6%
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8
Answer:
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