The simple interest on Rs 5000 for 4 years at a certain rate is Rs 1200, then what will be the interest on Rs 15000 at the same rate for same number of year
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Answer:
5000×4×R/100=1200
Step-by-step explanation:
R=1200×100/5000×4
R=6%
now
si= 15000×6×4/100
=3600
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