If the simple interest on Rs 1350 be more than the interest on Rs 1250 by Rs 20 in 2 years, find the rate per cent per annum ?
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1350 - 1250 is equal to 100
100 2 year simple interest 20 rupees
100 rupees 1 year interest is 10 rupees
the rate is 10%
100 2 year simple interest 20 rupees
100 rupees 1 year interest is 10 rupees
the rate is 10%
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