Math, asked by ballubk, 1 year ago

a man lends ₹16950 and receives ₹847.50 as interest in 5 months. calculate the rate of interest.

Answers

Answered by kritiku2005

0

Answer:

12%

Step-by-step explanation:

P=Rs 16950

I= Rs 847.50

Time = 5 months= 5/12 years

Rate= SIx100/PxT

= 84750x100x12/5x16950x100= 12

∴ The rate of interest is 12%

Previous Question

Next Question

Similar questions

Math, 6 months ago

in a football match a team score 7 goals out of 42attempts find probability of the team not scoring a goal...

India Languages, 6 months ago

ComprendNJOI निम्नलिखित-वाक्येषु रेखाकितपदानाम् कृते विकल्पात् उचितं सन्धिविच्छेदं सन्धिपदं वा चिनुत । नगरेषु विशालानि भवनानि दृश्यन्ते ।...

Physics, 6 months ago

What will be the power consumed in a resistor of 10 Ω if it is connected across 20 V supply?

Science, 1 year ago

the cyclical flow of nutrient within an ecosystem is called _______.

Social Sciences, 1 year ago

which books did publish by the philospers in french revolution...

Biology, 1 year ago

Cockroach is single cell or not...

Social Sciences, 1 year ago

what is the contribution of russian revolution to tje world explain...

Social Sciences, 1 year ago

Why indian constitution choose india to be secular state...