radha pays an interest of RS 4500 for 3 year on a sum of 30,000 find the rate of interest
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ptinciple=Amount-Interest
=30,000-4500
=25,500
simple interest=p×r×t/100
4500=25500×r×3/100
=>4500×100/25500×3=r
=>4500/255×3
=>1500/255=r
=>5.882%=r
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