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At what rafepercent of simple interest will the interest on Rs.3750 be one-fifth of itself in 4 years ? To what will it amount in 15 years ?

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At what rafepercent of simple interest will the interest on Rs.3750 be one-fifth of itself in 4 years ? To what will it amount in 15 years ?

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1 Answer

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Best answer

P = Rs.3750

I = Rs.3750 x (1/5)

= Rs.750

T = 4 years

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