Question

at what rate per cent per annum will ₹4000 yield an interrest of ₹410 in 2 years​

Answer 1

Answer:

R = 5.125%

Step-by-step explanation:

Given:

  P = Rs. 4000

  I = Rs. 410

  T = 2 yrs

I = PRT/100

=> 410 = 4000 x R x 2/100

=> 410 = 80R

=> R = 410/80

=> R = 5.125%