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India Ratings & Research upgraded the GDP growth forecast for India for the current fiscal year to 7.5%, an increase from their earlier projection of 7.1%. This adjustment reflects a more optimistic assessment of India’s economic trajectory, buoyed by robust consumer demand and supportive fiscal policies.
A sum triples itself in 8 years at simple interest. Find the rate of interest per annum is.
What will be the differnce between SI & CI on Rs. 5000 for 3 years at rate of 20% per annum ?