Rajesh invested an amount of rs 12050 at simple interest . He got an amount of rs 13496 at the end of 2 years . At what rate of interest did he invest
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Step-by-step explanation:p= 12050
a= 13496
t= 2years
therefore i= a-p
= 1446
to find=r
r=100*p/i*t
100*12050/1446*2
=33%
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