if the interest of Rs. 100 in one year is Rs. 12, then the interest of Rs 650 in one year will be
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Answer:
Rs 78
Step-by-step explanation:
Let rate be r, p be principle, t as time
Interest = p*r*t/100
12 = 100*r*1/100
r = 12%
Now for Rs 650
Intrest = 650*12*1/100
Intrest = Rs 78
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