Section: 2 of 5 Numerical Ability
Question: 1 of 10
Mr. Alex lent a sum of $4800 and paid $1224 as simple interest after 3 years. Hied the
rate of interest per annum at which he lent the money.
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Step-by-step explanation:
R=1224/3=408
R%=408/4800=8.5%
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Answer:
Step-by-step explanation:
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