kamal took a loan of Rs2400 with simple intrest of as many years as the rate of interest. if she paid Rs 864 as the intrest at the end of loan period , what was the rate of interest.
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Answered by
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Answer:-
6%
Step by step explanation
Let ,T=R=X
A/Q
864=(2400 × X × X )
Now,X²= 864/(2400)
X²= (864/24)
So,X =√36
Hence ,T=X=R= 6%
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