Principal amount is 99000, term is 36 moths and emi is 4357 and rate of interest?
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Answer:
Step-by-step explanation:
P-99000
T-39 months=3yrs
Interest-4357
Let rate be r
4357= (99000×r×3) /100
4357=990×r×3
4357=2970r
r=4357/2970
r=1.46%
r=146/100
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