A sum of of rupees 15000 put at simple interest for 8 years becomes rupees 25800 the rate of interest of per annum is
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Answered by
6
Answer:
R [Rate/year] = (SI × 100) / (P × T)
R = (25800 x 100) / (15000 x 8)
R = 21.5
Answered by
1
Answer:r=7.26744
Step-by-step explanation:
Given:T=8,P=25800,interest=15000
r = ?
Here P =principal.T=time,r=interest rate,
We know that
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