Mathematics · Simple and Compound Interest
The simple interest on ₹P for 3 years at 15% per annum is ₹500 more than the compound interest on ₹(P - 1000) for 2 years at R% per annum. If the simple interest on ₹P for 5 years at 10% per annum is ₹3000, then find the value of R.
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