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Ruby took a loan of Rs. 1200 on Simple Interest for as many years as the rate of interest. If she paid M Rs. 432 as interest at the end of loan period, what was the rate of interest?

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Ruby took a loan of Rs. 1200 on Simple Interest for as many years as the rate of interest. If she paid M Rs. 432 as interest at the end of loan period, what was the rate of interest?






 
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