Principal = 5000. Interest - 1500, Time - 3 years
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Answer:
Rate = 10%p.a.
Step-by-step explanation:
Principal = 5000(P)
Interest - 1500 (S.I)
Time - 3 years(T)
Rate = (S.I × 100)/(P × T)
=1500*100/5000*3
= 10%.(Answer)
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