Math, asked by jitendra6812, 9 months ago

750 amount to 1038 in 5 years 6 months, find the rate of interest?

Answers

Answered by ARINDOMDEBBARMA

2

Step-by-step explanation:

SI = A - P

= 1038 - 750

= 288

R = (SI × 100)/ PT

= (288 × 100)/750 × 5.6

= 28800/4200

= 6.85

The Rate Of Interest is 6.85 %

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