interest ?
A sum of money becomes 3000 in 2 years and 3250 in 3 years. Find the pri
and the rate of interest.
of money lent at simple interest amounts to 744 in 2 years and to
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Answer:
2 yrs=3ooo
3 yrs=3250
lyr Int. 250
2yrs. int 500
sum=3000-500=2500. Ans
Rate: 100XI/PN=100x250/2500xl
= 10% . ...Ans
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