5. (a) A sum of 25,000 accumulated to * 55,000 after 12 years. Find the rate of
simple interest p.a., which was effective in this situation.
Answers
Answered by
15
Answer:
Interest=55000-25000= 30000
Time= 12year
Amount= 55000
Principal= 25000
SI= PRT/100
30,000*100/25000*12= R= 10 percentage
Please like the solution ✔️
Similar questions