Answers

2014-11-19T15:10:37+05:30
Simple interest for 1 and half years = Rs ( 1164 – 1008 ) = 156
Simple interest = 156 x 2/3 x 2           
                      = 52 x 2 x 2
                      
          = 104 x 2
                            
    = 208
P = (1008 – 208 ) = Rs 800
Rate  ( R ) = ( 100 x S.I ) / (Principal x Time )
( 100 x 208 ) / 800 x 2 = 13 %
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