Math, asked by joelshine, 3 months ago

2. Ajay took out 50000 rupees as loan from a bank. After 1
year, he had to pay back 55000 rupees. How much is the
interest? What is the rate of interest of the bank?

Answers

Answered by ajayamritkapur292

2

Answer:

The Interest ís 50000

the rate of interest is 10% per annum

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