If Arun payd an interest of rupees 1324 2 years on a sum 5500 find the rate of interest
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si = 1324
t = 2 years
p = 5500
r = si x 100 / p x t
1324 x 100 / 5500 x 2
12.03%
t = 2 years
p = 5500
r = si x 100 / p x t
1324 x 100 / 5500 x 2
12.03%
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