Question

a man get in interest of rupees 370 on rupees 2300 for two 2 years his rate of interest is​

Answer 1

Step-by-step explanation:

$si = pit \\ 370 = 2300 \times \frac{i}{100} \times 2 \\ 370 = \frac{4600i}{100} \\ 37000 = 4600i \\ = > i = \frac{37000}{4600} = 8.04\%$

Answer 2

Answer:

8.04

Step by step explanation:

Given:- Simple Interest=₹370

Principal=2,300

Time=2 years

Rate= ?

Let the rate of the interest be x

Simple intrest= P*R*T

100

₹370 = 2300*x*2

100

x =370*100

2300*2

x =37,000

4,600

x =8.04

Hence,the rate of the interest is 8.04%...✔️