Mr Sen borrowed Rs 6,000 from a money lender, but he could not pay any amount in

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Mr Sen borrowed Rs 6,000 from a money lender, but he could not pay any amount in a period of 4 years. Accordingly, the money lender demanded now Rs 7500 from him. What rate of compound interest did the lender require for lending his money?

Posted Date: May 16, 2024 10:40 AM

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Mr Sen borrowed Rs 6,000 from a money lender, but he could not pay any amount in

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