If the interest received by principal of 18000 for 2 years at certain – InterviewSolution

1.	If the interest received by principal of 18000 for 2 years at certain rate is equal to the profit again by q sales man who sales a scooter at 1890 at profit of 5% . Then find out the rate of simple interest
Answer» 18000÷2=6000and we have 5 PERCENT on 1890 so 1890÷5=456

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