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The true discount on a certain sum of money due after 3 year is Rs. 1,000 and the\simple interest is Rs. 1,200 when Sum, Rate and Time are unchanged. Find the rate percent.

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The true discount on a certain sum of money due after 3 year is Rs. 1,000 and the\simple interest is Rs. 1,200 when Sum, Rate and Time are unchanged. Find the rate percent.






 
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