at what rate per cent per annum simple interest will 6600 amount to 72720 in 2 years
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Hey friend...!!!
Amount = 72720
Principle = 6600
S.l = A - P
= 72720 - 6600
= 66,120
Time = 2 years
So, rate of interest per annum = S.I x 100 /P x T
= 66,120 x 100/ 6600 x 2
= 500.90
Hope it helps...!!!
Amount = 72720
Principle = 6600
S.l = A - P
= 72720 - 6600
= 66,120
Time = 2 years
So, rate of interest per annum = S.I x 100 /P x T
= 66,120 x 100/ 6600 x 2
= 500.90
Hope it helps...!!!
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