SOLUTION: a moneylender lends money collecting 5 paise for every rupee per month . find the rate of interest.
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Question 717625: a moneylender lends money collecting 5 paise for every rupee per month . find the rate of interest.
Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!
5 paise per rupee
rupees per rupee
Rs. 0.05 per rupee
percent =
=5%
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