Math, asked by ab1534858g, 9 months ago

7. Bhavna paid an interest of 75500 after 5 years on a sum of 1,10,000, find
the rate of interest.

Answers

Answered by krish36978

1

SIMPLE INTEREST = P×R×T

100

75500 = 110000× R × 5

100

75500×100 = 550000×R

7550000= 550000 ×R

7550000 = R

550000

13.7 = R

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