At what rate percent per annum simple interest will Rs 3625 amount to Rs 4495 in 2 years.
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Here, Principal given = ₹3625
Amount given = ₹4495
Time given = 2 years
We know, Simple Interest = Amount - Principal
So, here S. I = ₹4495-₹3625=₹870
Now,We know that, S.I also = (P×R×T) /100
So, here, 870 = (3625 ×R×2)/100
870= (7250×R)/100
870 = 72.5 × R
R = 870/72.5 = 12% Answer.
Hence, Rate of interest is 12%.
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Answer:
ans is 12%
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