9000rs become 18000rs at s.i in 8 years find the rate % at s.i
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Answer:
Hey,
Amount = 18000
Principal = 9000
So, Simple Interest = Amount - Principal
= 18000 - 9000
= 9000 .
So,
Simple interest = PRT / 100
9000 = 9000*R*8 / 100
9000 and 9000 is cancelled,
R = 25/2 % or 12.5 % per annum.
Hope this helps you buddy !!
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i hope my answer was wright
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