Math, asked by s15126dantra17671, 26 days ago

Anuj lent a sum of 240000 to his friend for 4.5 years. If he received 781000 as interest at the end of 4.5 Sears, what was the annual rate of interest?​


please fast

Answers

Answered by rohithmuralidharan12
5

Interest(I) = (P*R*T)/100

So, 81000 = (240000*R*4.5)/100

81000 =  1080000R/100

81000*100 = 1080000R

8100000 = 1080000R

8100000/1080000 = R

15/2 = R

Therefore, R = 15/2 = 7.5

 

Similar questions