at rate will the principal of ₹2000 yield an interest of 112.50 in 15 months
Answers
Answered by
6
5%....................
Answered by
28
Principal,P=Rs.2000
Time=15 months =1 (3/12) years= 1 (1/4)years=5/4 years
Simple Interest=Rs.112.50
SI = P*R*T/100
112.50 = (2000*R*5)/4*100
112.50*100*4 = 2000*R*5
R= 112.50*100*4/2000*5
R=4.5%
Time=15 months =1 (3/12) years= 1 (1/4)years=5/4 years
Simple Interest=Rs.112.50
SI = P*R*T/100
112.50 = (2000*R*5)/4*100
112.50*100*4 = 2000*R*5
R= 112.50*100*4/2000*5
R=4.5%
Similar questions