Smriti invested Rs20,000 in the bank for 4 years and got back Rs29,282 after 4 years.
What was the rate of interest per annum payable annually ?
Answers
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Answer:
Answer:16,6250
Step-by-step explanation:
3 years = 3(20,000)+3(25000)+1(31250)
=166250
Step-by-step explanation:
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