Rajesh borrowed 5,000 from a bank. He will have to pay 10,000 after 5 years.
Find the rate of interest, if the interest is payable half yearly. (Take 102 = 1.072)
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2
Answer:
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Step-by-step explanation:
Given
P=5000
T=5×2=10
I=10000−5000=5000
⇒5000= 5000×R×10 /100
⇒R=10% per 6 months
Answered by
1
Answer:
1000 RS
Step-by-step explanation:
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