solve it long method
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Let the rate of interest be x so the equation shall be
6000*x%*8-600*x%*1 =8400
420x=8400
X=20
Here 8 is nunber of years, as in the question it is mentioned time increases by 7,so assume original time be 1 year and revised time be 8 year.
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Answer:
Here,
P = 6000
A = 8400
so, S.I = A - P
= 8400 - 6000
= 2400
We know that,
S.I = P×R×T/100
2400=6000×R×7/100
R = 2400×100/6000×7
=40/7
=5.7
Step-by-step explanation:
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