Business Studies, asked by khushboo4637, 1 year ago

A simple interest amount of rs 5000 for six month is rs 200. What is the anual rate of interest?

Answers

Answered by yogitagautam72

2

S.I=P*N*R/100
200=5000*0.5*R/100
R=200*100/(5000*0.5)
R=8%

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