at what rate of simple interest Rs 4500 will become 5040 rupees after 2 years
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answer is in the photo..
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heyy.
your answer is.
amount = principal + interest.
5040= 4500+I .
I =5040-4500.
S.I is given by formula pnr.
i.e.
Pnr= 5040-4500.
4500×2×r= 540.
r= .06.
then rate of interest is 100r=6% per annum.
your answer is.
amount = principal + interest.
5040= 4500+I .
I =5040-4500.
S.I is given by formula pnr.
i.e.
Pnr= 5040-4500.
4500×2×r= 540.
r= .06.
then rate of interest is 100r=6% per annum.
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