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The simple interest accrued in 9 yr on a principle of Rs 24250 is 162% of the principal. What is the rate of interest per cent per annum ?1). 222). 163). 184). Cannot be determined |
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Answer» Solution Let the RATE of interest be r. Hence, SI = PrT/ 100 = 162P/100 r*9 /100 = 162/ 100 r=18% |
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