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9 October, 01:37

If reena pays an interest of Rs 1080 for two years on a sum of Rs 9000 find the rate of interest

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  1. 9 October, 02:49
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    S. I. = Rs. 1080

    Time = 2 years

    Principal = SI.*100/P * T

    = 1080*100/9000*2

    =1,08,000/18,000

    = 6%
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