At what rate per cent per annum will 6300 yield an interest of 2100 in 4 years?
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Answered by
1
Step-by-step explanation:
The principle is given as Rs6300 and the simple interest is given as Rs2100 with time as 4 years.
S.I.=
100
P×R×T
2100=
100
6300×R×4
R=
6300×4
2100×100
R=8.34%
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Answered by
0
Answer:
QUESTION:-
At what rate per cent per annum will 6300 yield an interest of 2100 in 4 years?
TO FIND:-
Rate per ceny per annum.
GIVEN:-
P => 6300
I => 2100
N => 4
R => ?
TO FIND THE VALUE OF R:-
R => 1×100/PN = 2100 × 100/6300 × 4=> 210000/25200 =>
Thanks :)
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