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Present worth of RS. 11660 due 9 months hence is RS. 11000 Find the rate of interest |
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Answer» HOPE it helps Step-by-step EXPLANATION: AMOUNT =₹11660. Time=9 months=9/12=3/4yrs principal=₹11000 SI=A-P=₹660 Rate of interest=100*SI/P*T 100*660/11000*3/4 100*660*4/11000*3 =7.2 |
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