At what rate of percent of simple Interest will rupee 6400 amount to rupees 9800 in 4 years
Answers
Answered by
5
Answer:
Rate=13.28%
Step-by-step explanation:
Principal=6400₹
Amount=9800₹
Time=4 years
Rate=?
Interest=Amount-Principal
=9800-6400
=3400₹
Rate= Interest×100/Principal×Time
=3400×100/6400×4
=17×25/32
=13.28%
Answered by
1
Answer:
rate of interest = 13.28%
Step-by-step explanation:
principal = 6400
time = 4 years
let, rate of interest = r%
amount = p + p*r*t/100
6400 + (6400*4*r)/100 = 9800
or, (6400*4*r)/100 = 9800 - 6400
or, r = (3400*100)/(6400*4)
or, r = 13.28
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