S.I. = 9,504 – 7,200 = Rs. 2,304 ∴ (7200 × 4 × 5)/100 + (7200 × 3 × R)/100 = 2,304 ⟹ 1440 + 216 R = 2,304⟹ 216R = 864 ∴ R = 4% p.a.
103 × 105
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