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At what rate of simple interest will Rs.4,200 amount to Rs. 6,216 in a span of 8 years ?
- A5
- B3
- C6
- D4
Answer not set
Discussion 1
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0
CCommunity
Solution
Interest = 6216 - 4200 = Rs. 2016
=> Rate = $\frac{S.I. \times 100}{P \times T}$
= $\frac{2016 \times 100}{4200 \times 8}$
= 6%
Interest = 6216 - 4200 = Rs. 2016
=> Rate = $\frac{S.I. \times 100}{P \times T}$
= $\frac{2016 \times 100}{4200 \times 8}$
= 6%