At what rate per cent p.a. will the sum of rs.20000 yields the simple interest of rs.1800 in 2 years?
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Answered by
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Answer:
Step-by-step explanation:
SI = P*R*T/100
1800 = 20000*R*2/100
1800*100 = 40000*R
180000 = 40000*R
R = 180000/40000
R = 4.5%
Answered by
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P=20000
S.I=1800
T=2 YEARS
R=S.I×100/P×T
=1800×100/20000×2
RATE OF PERCENTAGE=18%
S.I=1800
T=2 YEARS
R=S.I×100/P×T
=1800×100/20000×2
RATE OF PERCENTAGE=18%
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