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On A Certain Sum, The Simple Interest At The End Of 12 ½ Years Becomes ¾ Of The Sum. What Is The Rate Percent Per Annum? |
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Answer» Let the sum be Rs X. Then S.I = Rs 3x/4, TIME = 25/2 YEARS Therefore, Rate = (100 × 3x/4 × 1/x × 2/25) % p.a = 6 % p.a. Let the sum be Rs x. Then S.I = Rs 3x/4, Time = 25/2 Years Therefore, Rate = (100 × 3x/4 × 1/x × 2/25) % p.a = 6 % p.a. |
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