in 5 years the interest on rupees 55000 is more than the interest on rupees 40000 by rupees 15000.find the rate of interest
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Answer:
p =40000
a=55000
I=15000
R=I*100/p*t
R =15000*100/40000*5
R= 1500000/200000
R =15/2
R=7.5%
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