In simple interest, a sum of money amounts to ₹ 6,200 in 2 years and ₹ 6,800 in 3 years. Find the principal and rate of interest
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Let A be the amount and R be the interest, compounding annual 1. ... A sum of money at simple interest doubles in 5 years. ... Thus principal ₹ 4352.22 and rate of interest
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