Question

Arun took a loan of rupees 1400 with simple interest for as many years as the rate of interest. if he paid rupees 686 as interest at the end of the loan period what was the rate of interest. please tell it is urgent​

Answer 1

Answer:

7%

Step-by-step explanation:

Let rate = R%

Then, time (T)= R years

P= Rs.1400

SI= Rs.686

SI= PR/100

= 686 = 1400×R×R/100

= 686 = 14R2

= 49 = R2

= R = √49

= R = 7%

Therefore, rate of interest is 7%.

Hope it helps!! :D

Please mark this as brainliest!!

Answer 2

Answer:

haananmaammnananan