at what rate percent per annum simple interest will rs 3625 amount to rs 4495 in 2 years?
Answers
Answered by
15
R ?
P. ₹3625
A. ₹4495
T. ₹2 years
SI 4495-3625 = ₹870
870= 3625*R*2/100
870*10/725=R
R=12percent per annum
P. ₹3625
A. ₹4495
T. ₹2 years
SI 4495-3625 = ₹870
870= 3625*R*2/100
870*10/725=R
R=12percent per annum
Answered by
1
Answer:
12%
Step-by-step explanation:
We know that A= P(1+RT)
=> 4495 = 3625 (1+R(2))
4495 = 3625 + 7250R
870 = 7250 R
R = 12/100
=> Interest rate = 12%
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