Question

4. Find Rate when :
(a) P= 1650, T = 2 years and S.l. = 82.50
2.
(b) P= 900, T = 2 years and S.l. = 72​

Answer 1

Answer:

2.5 % & 4%

Step-by-step explanation:

Rate=SI*100/P*T

(a) P=1650

T= 2yrs.

SI=82.50

R=82.50*100/1650*2=2.5% p.a.

(b)P=900

T=2yrs.

SI=72

R=72*100/900*2=4%p.a.

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