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Question

Question 37

If amount on the principal of Rs 6000 is written as 6000(1+5100)3 and compound interest payable half-yearly, then rate of interest per annum is ___ and time (in years) is ___.


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Solution

If amount on the principal of Rs 6000 is written as 6000(1+5100)3 and compound interest payable half-yearly, then rate of interest per annum is 10% and time (in years) is 112yr


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