Question

64. The simple interest received on a certain sum of money
for the 3rd year is Rs. 1200 and the compound interest
received on same amount in 2 years is Rs. 2800. What
is the rate of interest?
(a) 27% (b) 28.6% (c) 33.3% (d) 18.8%​

Answer 1

Step-by-step explanation:

let late principal p rupees

according to question

simple interest for third year will be equal to to P*R*/

Answer 2

Answer:

hope it is helpful for uh