a certain sum of money amount to rupees 4800 in 4 years and 5200 in 6 years find the sum and the rate of simple interest
Answers
Answered by
28
The rate of interest
Explanation:
A sum becomes 4800 in 4 years
Same sum becomes 5200 in 6 years
Difference between above value will be a interest for two year
So,
For four years interest is
Hence, the sum will be
The rate of interest
The rate of interest .
Answered by
2
Answer:
5%
Step-by-step explanation:
6=5200
4=4800
( 5200-4800)
= 400
(400×2=800)
(4800-800)
=4000
(800/4000)
5%
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