(7.) What rate gives & 450 as interest on a. sum of 45,000 in 2 years
Answers
Answered by
2
Answer:
1/2%
Step-by-step explanation:
R% = SI×100/T×P
= 450×100/45000×2 =. 1/2
Answered by
0
Answer:
rate = 1/2 %
Step-by-step explanation:
formula of simple interest
= interest= principal × rate × time / 100
450 = 45000× rate ×2/100
450×100/45000×2= rate
45000/45000×2= rate
1/1×2= rate
1/2 = rate
so rate will be equal to 1/2 %
hope it will help u
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