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initial value-40000
final value-48400
so increasing value-- 48400-40000=8400
now applying simple interest formula
8400=40000×R×2/100
solving this eq
R=10.5%
final value-48400
so increasing value-- 48400-40000=8400
now applying simple interest formula
8400=40000×R×2/100
solving this eq
R=10.5%
peehuassija:
correct yrrrr
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