At what rate of simple interest will 15,000
become Rs 30,000 in four years?
Answers
Answered by
27
P= 15000
total amount = 30000
SI = 30000- 15000
= 15000
(PTR)/100= 15000
15000(4)(R) = 1500000
4R = 1500000/15000
4R = 100
R = 100/4
= 25%
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Answered by
4
Answer:
SI = P × R × T / 100
30000 = 15000 × 4 × R / 100
R = 30000/600
= 50 %
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