at what rate percent per annum will rupees 6300 yield an interest of rupees 2100 in 4 year?
nilesh30:
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Answered by
38
I=p*r*t
#I is the interest amount
#principle amount
#rate of interest(%)
#time period
I/(p*t) ×100=r
2100/(6300*4) ×100=r
r=8.3%
#I is the interest amount
#principle amount
#rate of interest(%)
#time period
I/(p*t) ×100=r
2100/(6300*4) ×100=r
r=8.3%
Answered by
10
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