Shankar invest 200000.it is increased to 250000 at the time of maturity of the investment. What is the persentage he received as interest on investment?
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Step-by-step explanation:
Principal = Rs 200000
Amount = Rs 250000
Interest = Amount- Principal
= Rs (250000-200000)
= Rs 50000
Percentage he received as interest on investment
= ( I/P×100)%
= (50000/200000×100)%
= 25%
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