Question

at what rate percent per annum simple interest will rs 3625 amount to rs 4495 in 2 years?

Answer 1

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

Answer 2

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%