Find the rate of interest if simple interest is rs. 6000 on the amount of rs.15000 for 5years?
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What is the compound interest on Rs 15000 /15000 at 5% per annum for two years is Rs 1500 and the amount after 2 years is Rs. 16500.
What is the simple interest of 15000?The simple interest on Rs 15000 for a time period at 8% per annum is Rs 2400.
In what time Rs 6000 will give interest of Rs 720 at the rate of 6 paise?In what time Rs. 6000 will give interest of Rs. 720 at the rate of 6% p.a. S.I.? = (720* 100) / (6000 * 6) = 2 years.
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