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werest on 5.000 for 4 years, at certain rate of interestis 1,200. What would
interest on 15,000 at the same rate of interest for the same period?
20: Here, P=5,000, T=4 years, I=1,200; R=?
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Step-by-step explanation:
I=PRT/100
R=I*100/PT
R=1200*100/5000*4
=120/20
=6%
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