.P= Rs 25,000
R= ______
T= 4 years
Int = _____
Amount = 31,000
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Answer:
Interest = 31000-25000
=6000
Let rate =r%
I=p*t*r/100
6000=25000*4*r/100
6000=100000r/100
6000=1000r
1000r=6000
r=6000/1000
r=6
So rate of interest = 6%
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