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Manju invested ₹9000 in a bank. She depo...

Manju invested `₹9000` in a bank. She deposited an additional `₹3000` after `2` years. At the end of `3` years, she received `₹13,200`. Find the rate of interest.

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To find the rate of interest for Manju's investment, we will follow these steps: ### Step 1: Identify the Initial Investment and Additional Deposit Manju initially invested ₹9000 and deposited an additional ₹3000 after 2 years. ### Step 2: Calculate the Total Amount Received At the end of 3 years, Manju received ₹13200. ### Step 3: Determine the Simple Interest Earned The total amount received can be expressed as: \[ \text{Total Amount} = \text{Principal} + \text{Simple Interest} \] Here, the principal after 2 years becomes ₹12000 (₹9000 + ₹3000). Therefore, we can express the simple interest earned over the 3 years as: \[ \text{Simple Interest} = \text{Total Amount} - \text{Principal} \] \[ \text{Simple Interest} = ₹13200 - ₹12000 = ₹1200 \] ### Step 4: Calculate Simple Interest for Each Period 1. **For the first 2 years** (initial principal of ₹9000): \[ \text{Simple Interest}_1 = \frac{9000 \times r \times 2}{100} \] 2. **For the last 1 year** (new principal of ₹12000): \[ \text{Simple Interest}_2 = \frac{12000 \times r \times 1}{100} \] ### Step 5: Combine the Simple Interests The total simple interest over the 3 years is: \[ \text{Simple Interest}_1 + \text{Simple Interest}_2 = ₹1200 \] Substituting the expressions we derived: \[ \frac{9000 \times r \times 2}{100} + \frac{12000 \times r \times 1}{100} = 1200 \] ### Step 6: Simplify the Equation Multiplying through by 100 to eliminate the denominator: \[ 9000 \times r \times 2 + 12000 \times r = 120000 \] This simplifies to: \[ 18000r + 12000r = 120000 \] \[ 30000r = 120000 \] ### Step 7: Solve for the Rate of Interest Now, divide both sides by 30000 to find \( r \): \[ r = \frac{120000}{30000} = 4 \] ### Final Answer The rate of interest is **4%**. ---
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