The interest of a sum of money is 3/5 of amount in 20 years find the rate percent
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Answer:
let the rate percent is x
if principal amount is y then interest is3y/5
so,x.y.20/100=3y/5
xy/5=3y/5
xy=3y
x=3
Step-by-step explanation:
so the rate of interest is 3%
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