Question

Alok borrowed a certain sum on 9 july 2006 and
paid an amount of Rs. 438 which included an
interest of Rs. 6 on 8 November 2006. Find the
rate of interest, charged to Alok, per annum.
(a.) 6.25 %
(b.) 4⅙ %
(c.) 1⁴/⁶ %
(d.) 13⅓ %

EXPLAIN THE METHOD !!!!!​

Answer 1

Step-by-step explanation:

P-438

n-9

p×r×t_

100

438×r×9_100

3942r=100

r= 100÷3942

r= 6.25%

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