At what rate will the principal of ₹2000 yield an interest of ₹ 12.50 in 15 months.
Answers
Answered by
1
Answer:
0.5
Step-by-step explanation:
SI = prt/100
= 2000*r*(1.25)/100
12.5= 2*12.5*r
r = 0.5
Answered by
2
Answer will be 0.05%.
P= 2000
T= 15/12 yrs
12.50= 20000 * r/100 * 15/12
12.50/250= r
r= 0.05
Similar questions