SBI is a bank which is giving Kohli a principal sum of Rs 1,000. After 1 year, he returned Rs 1,200 to the Bank. What is the rate of interest the bank is putting on the given money ?
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Answered by
1
Answer:
20% per annum is the rate of interest charged by sbi
Answered by
1
Answer:
answer is 20%
Step-by-step explanation:
as this question came in my test once
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