a bank has sum of rs.12000 invested at 10000 for 4 years to find the rate of interest
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Step-by-step explanation:If P denotes the principal ($), R denotes the rate (percentage p.a.) and T denotes time (years), then:-
S.I = (P × R × T)/100
R = (S.I × 100)/(P × T)
P = (S.I × 100)/(R × T)
T = (S.I × 100)/(P × R)
If the denotes the amount, then A = P + S.I
navinavi82:
ans 7.5%....but i did not got this ans
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