If the simple interest on a certain sum of money for 6 years is three-fifth of the sum,
find the rate of interest per annum.
12%
10%
20%
5%
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Answer:
Simple Interest, S.I. = Rs. 1260 = PR × 2100 = PR50 - (i)Compound Interest, C.I. = Amount(A) - Principle(P) = P(1 + R100)^2 - P = PR(R/10000 + 1/50)
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the same which the other guy told
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