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5. (a) A sum of25,000 accumulated to? 55,000 after 12 years. Find the ratesimple interest p.a., which was effective in this situation

Answer»

Interest=55000-25000= 30000Time= 12yearAmount= 55000Principal= 25000SI= PRT/10030,000*100/25000*12= R= 10 percentagePlease like the solution 👍 ✔️👍And check previous Answer as well and like them



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