If is a 50,000 principal. 15,00,000 will amount and time 10 yrs what is the rate of interest.
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S.I. = PTR/100
A – P = PTR / 100
1500000 – 50000 = 50000×10×R/100
1000000×100/500000 = R
R = 200%
A – P = PTR / 100
1500000 – 50000 = 50000×10×R/100
1000000×100/500000 = R
R = 200%
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