Math, asked by 917504900904, 5 months ago

A sum of Rs. 1600/- gives a simple interest of Rs.252 in 2 years and 4 months. What is
the rate of interest per annum ?

Answers

Answered by bson

0

Step-by-step explanation:

si = pnr

p =1600, si =252, n=2years 4months = 2+4/12=7/3

252 = 1600×7/3×r

252×3 /1600×7=r

r = 0.0675

r% = 6.75%

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