Math, asked by Anonymous, 7 months ago

What rate per annum gives ₹768 as simple interest on a sum of ₹3200 for a period of 4 years?

Answers

Answered by staufiq390

Answer:

The simple interest on a sum increases by Rs767 if the rate of interest increased by 4%. If the rate of interest increased by 3%, then obviously the interest will be increased by,

An amount which depends on the time for which the money is invested.

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