If P is 40000 and S.I is 2000 and time is 6 months what is rate
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20 percent will be the answer
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P=40000
T=6months or 1/2years
SI=2000
S.I= p*R*T/100
2000=40000*R*1/2*100
2000=200R
R=2000/200=10%
So the rate will be 10%
T=6months or 1/2years
SI=2000
S.I= p*R*T/100
2000=40000*R*1/2*100
2000=200R
R=2000/200=10%
So the rate will be 10%
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