in what time the simple interest on Rs 3600 at 5% per annum be the same as that on Rs 3000 at 10%p a in 6 years
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Principal = Rs 9600, rate = 712% p.a. and time = 5 months. ... Principal = Rs 6400, SI = Rs 1152 and rate = 6% p.a. ... The simple interest on a certain sum for 3 years at 10% per annum is Rs 829.50.
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