mr vinod deposited a sum of rs 200000 in a bank after 2 years he withdrew rs 100000 at the end of the year he recived an amount of 170000 what is the rate of interest
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Answer:
deposited =200000 eq 1
after 2 years withdrawn=100000 eq 2
he received =170000
add eq 1 and eq2
=200000
100000
=300000
sobtract 300000- 170000
=130000÷2
=65000÷12
=6259.63
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