Rs. 350.00 earned an interest of Rs 70.00 for a certain period at a certain rate of interest. What will be the interest on Rs. 1050.00 in double the time at half the rate of interest?
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Answer:
interest=
100
p∗r∗t
p = principal amount , r = rate , t = time
interest=
100
3500∗7∗2
interest = RS. 490
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