Question

At what rate of simple interest will Rs. 1860 amount to Rs. 2278.50 in 4 years?


Please write only which is p and which is S.I​

Answer 1

Answer:

Given:P=RS.1860,A=Rs.2278.50,T=4years

Hence,I = A-P

I =RS. 2278.50-1860= RS.418.50

Now. R= I*100/P*T

R= 41850/1860*4