23.
Juhu pays an interest of Rs. 900 for 2 years on a sum of Rs. 4.500. Find the rate of interest
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Answer:
Step-by-step explanation:
GIVEN FIND OUT
Interest (I)= Rs.900 RATE OF INTEREST
Time (T)= 2 YEARS
PRINCIPAL=RS 4500
R = SI ×100÷P×R
I = P×R×T ÷100
900=4500×R×2÷100
R=100×900÷4500×2
R=900÷90
R=10
HOPE IT HELPS : )
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