Math, asked by idevrukhkar, 2 days ago

A sum of Rs.12500 becomes Rs. 15500 as an amount in 4 years. What is the rate of interest ?

Please send answer as well as explanation

Answers

Answered by TiaDagur

1

S.I. = Rs. (15500−12500)=Rs.3000

S.I = P.N.R/ 100

Rate = 100x3000/12500x4% = 6%

ANS = 6%

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