Math, asked by vishantgujjar786, 20 days ago

A certain sum of money at simple interest amounts to Rs.1260 in 2 years and to Rs.1350 in 5 years. The rate % per annum is:

Answers

Answered by japjotkaursidhu

1

Answer:

3 years simple interest = 1350-1260 = 90

yearly interest = 90/3 = 30

amount invested = 1260-(30×2) = 1200

interest rate = 30/1200×100 = 2.5%

Step-by-step explanation:

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