Question

A sum of rs. 1600 gives a simple interest of rs. 252 in 2 years and 3 months. the rate of interest per annum is:

Answer 1

If g is the interest on k k is the interest of all the rate and time is the same on both the cases what is the relation between j k and l

Answer 2

Explanation:

Hence, The annual interest rate is

6.75 %