Question

5
find the rate of interest per annum
for Rs 5000 gives an interest of Rs
1500 in 2 years​

Answer 1

Step-by-step explanation:

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Answer 2

Answer:

Principle + Interest = Amount

5000 + 1500 =

Interest = PRT/100

=> 1500 = 5000 x R x 2

100

=> R = 1500/100

=> R = 15%

therefore rate is 15%

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