what rate per cent per annum will ₹ 6300 yield an interest of ₹ 2100 in 4 years!
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ANSWER= 8.33%
P=6300
I=2100
T=4 years.
R=?
Rate= I×100/P×T
=2100×100/6300×4
=25/3
=8.33%
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