Question

3) AT what role percent of
interest will Rs 8000 amount to Rs 11200in 5years?


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Answer 1

Answer:

5.5%

Step-by-step explanation:

Principal =8000

Amount =11200

Time =5 years

S.I=Amount - principal

S.I=11200-8000

S.I=2200

Rate= S.I *100/Principal *time

Rate=2200*100/8000*5

Rate =5.5%