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At what rate of interest per annum will a sum of 5000 amount to 6050 in 10/3 yrs. |
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Answer» 6.3%Step-by-step EXPLANATION:amount=6050principle=5000si=a-P=6050-5000=1050r=(si * 100)/(p * t)=(1050 * 100)/(5000 * 10/3)=63/10=6.3% |
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