if principal is 2500 ,simple interest is 375, time is 2 year 6 months find rate
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Answered by
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p= ₹2500
SI= ₹375
t= 30 /12 years
rate=100×SI /p×t
= 100×375×12/30×2500
= 450000/75000
= 6% per annum
SI= ₹375
t= 30 /12 years
rate=100×SI /p×t
= 100×375×12/30×2500
= 450000/75000
= 6% per annum
Answered by
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S.I=PTR/100
375=2500×2.5×r/100
375=25×2.5r
2.5r=375/25
2.5r=15
r=15/2.5
r=6
375=2500×2.5×r/100
375=25×2.5r
2.5r=375/25
2.5r=15
r=15/2.5
r=6
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