6. Reena took a loan of 1200 with simple
interest for a certain number of years.
The number of years are same as the
interest rate. If she has paid 432 as
interest at the end of the loan period,
what was the rate of interest ?
Answers
Answered by
0
Answer:
6%
Step-by-step explanation:
Let rate= R% and
Time= T years
Then, 1200×R×R/100=432
=> 12R^2=432
=> R^2=36
=> R= 6%
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Answered by
1
Answer:
6 PERCENT
Step-by-step explanation:
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