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We have , Principal , P = Rs 7500
Time , n = 2 yrs
Amount. A = P 1 + R 100 n
⇒ 9075 = 7500 1 + R 100 2
⇒ 9075 7500 = 1 + R 100 2
⇒ 121 100 = 1 + R 100 2
⇒ 11 10 2 = 1 + R 100 2
⇒ 1 + R 100 = 11 10
⇒ R 100 = 11 10 - 1
⇒ R 100 = 11 - 10 10
⇒ R 100 = 1 10
⇒ R = 10 So , rate of interest is 10.
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Let,
On Solving Equation .(1)
Multiplying both sides by 27.
On Solving Equation (2)
Multiplying both sides by 21.
On Subrtracting Equation 3 and 4 .
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