what is the rate of interest if Varun has earned Rs 750 in 12 months from 90000?
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Answer:
Simple Interest= P x R x T ÷ 100
SI = 750
R = ?
T = 1 year ( 1 year = 12 months)
P = 90000
750 = 90000 x 1 x R / 100
R = 5/6
R = 0.8333333%
Step-by-step explanation:
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