on principal amount simple interest is 4800 and compound interest is 5088. then what is the interst rate?

Question

MADDULA PAVANI · Answer

question is incomplete
if you calculate for one year simple interest is equal to compound interest
if it is for 2yrs compounded annually interest rate is 12%

Anshul Dalmia · Answer

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on principal amount simple interest is 4800 and compound interest is 5088. then what is the interst rate?

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