a money leader charges interest of ₹12.50per month on a loan of ₹500 what is the rate of interest percent per annum
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p=500
I=12.50per month
i2=12.50×12=150
t=12months
r=i×100/p×t
12.50×100/500×12
=30percent
plz mark as brainliest
I=12.50per month
i2=12.50×12=150
t=12months
r=i×100/p×t
12.50×100/500×12
=30percent
plz mark as brainliest
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