at what rate percent per annum simple interest will rs.3625 amount to rs.4495 in
2 years
Answers
Answered by
63
r = (4495-3625)×100/3625×2
r = 870×100/3625×2
r = 87000/7250
r = 8700/725
r = 12%
r = 870×100/3625×2
r = 87000/7250
r = 8700/725
r = 12%
pravatinanda:
Thanks
Answered by
16
The rate of simple interest would be 12 %
Step-by-step explanation:
Given Principal (P) = 3625 Rs.
Amount = 4495 Rs
Time (T) = 2 years
Simple Interest (S.I) = Amount - Principal = (4495-3625) = Rs. 870
We have to find out rate of interest per year.
Thus rate of interest is 12 %
Learn more simple interest :
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https://brainly.in/question/14357876
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