The simple interest on₹5000 for 3 years is ₹675.The rate of interest per annum will be
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The simple interest on₹5000 for 3 years is ₹675.The rate of interest per annum will be 4.5 %
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rate of interest per annum = si *100/p*t
675*100/5000*3
225/50
4.5%
answer
675*100/5000*3
225/50
4.5%
answer
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