Answers

2016-04-10T16:19:54+05:30
Simple interest = 53150-50000= 3150 
i =p*t*r/100 
i = 3150
p= 50000
t= 7+1/6months

3150 = 50000*7*r/100*6
3150*600 = 50000*7*r

R=5.4

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