The simple interest accured in 3 years on a principal of 25000 rs is 3/12 the principal.what is the rate
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25000×3/12=6250rs
6250 in 3 years
then 2083.33 in 1 year approx
2083/25000"×100=8.33% approx
6250 in 3 years
then 2083.33 in 1 year approx
2083/25000"×100=8.33% approx
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