A certain principal earns Rs 240 as simple interest after 3 years. Compute the
interest earned by the same principal after 7 years.
A certain principal earns Rs 240 as simple interest after 3 years. Compute the
interest earned by the same principal after 7 years.
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Answer:
(a) Simplest Interest for one year 2403=80
Simple interest for two year=80×2=160
Difference for 2 year=170-160=10
Rate%=1080×100=1212%
Step-by-step explanation: