Question

12. Find the rate of interest which gives 140 as interest on a sum of 4200 in 5 months.

Fast it's urgent
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Answer 1

Answer:

Rate of interest = 8%

Step-by-step explanation:

Hope this will help you

Answer 2

Answer:

8%

Step-by-step explanation:

P= 4200; I=140; t=5months; R=?

R= I÷(P×T)

R= 140 ÷ (4200 × 5/12)

put over 12 in 5months to convert it into years

R= 140 ÷ 1750

R= 0.08 (move 2 decimal places to the right)

R = 8%