what rate gives Rupees 360 as interest on a sum of rupees 48000 in 3 years
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Given : SI = 360,
P = 48000
T = 3 years
Solution :
SI = P × R × T/100
360 = 48000 × x × 3/100
360 = 480 × 2x
= 2x
= 2x
= 2x
( ) × 2
= x
= x
1.5 = x
..................
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