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64. The simple interest received on a certain sum of moneyfor the 3rd year is Rs. 1200 and the compound interestreceived on same amount in 2 years is Rs. 2800. Whatis the rate of interest?(a) 27% (b) 28.6% (c) 33.3% (d) 18.8%​

Answer»

Step-by-step EXPLANATION:

LET late principal p rupees

according to question

simple INTEREST for third YEAR will be equal to to P*R*/



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