the simple interest on a sum of money for year is 3/5 of the sum.
Find the rate percent per annum
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Answer:
si
Step-by-step explanation:
let principal be p
then si =3/5p
si=p*r*t/100
3/5p=pr*1/100
3/5=r/100
r=3*100/5
r=60%
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the rear per annum is 60%.
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