Question

At what rate percent per annum simple interest 66000 amount to 72,000 in 2 years

Answer 1

S. I = A-P
= ₹72000 - ₹66000
= ₹6000.


$\: \: \: \: \: \: \: S. I \: \: \: \: = \frac{P \times R \times T}{100} \\ = >6000 = \frac{66000 \times R \times 2}{100} \\ = > R = \frac{6000 \times 100}{66000 \times 2} \\ = > R = 4.5\%.$




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