Ravi borrowed RS.4000 as a loan at a loan mela organize by the state bank of India. if the nominal interest is 1/1 by 2 year at the same rate of interest. the total interest he had to pay was RS.1500. find the rate of interest.
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border 4000 BF 2 X 1 upon 2 years at the same rate of this place and then multiplied to get the total interest 1510 the rate of the entries will be 7,500
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