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Acharya took a loan of Rs. 1,40,000 with simple interest for as many years as the rate of interest. If he paid Rs. 68,600 as interest at the end of the loan period, what was the rate of interest?

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Acharya took a loan of Rs. 1,40,000 with simple interest for as many years as the rate of interest. If he paid Rs. 68,600 as interest at the end of the loan period, what was the rate of interest?






 
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