Dinesh pays back ₹1,45,000 at the end of 5years to a bank. If he had borrowed ₹1,00,000 what is the rate of interest per annum charged by the bank?
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Dinesh pays back ₹1,45,000 at the end of 5years to a bank. If he had borrowed ₹1,00,000 what is the rate of interest per annum charged by the bank?
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so the rate of interest is 9 %
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