Math, asked by Gigimoanpk3536, 1 month ago

Calculate the instrest rate percent per annum for a loan of 2,720

Answers

Answered by sharmishthakarmakar7

0

Answer:

yes your questions is right

Answered by Anonymous

0

Answer:

Principal,P = Rs. 66,000

Time,T = 2 years

S.I. = 72,720 - 66,000 = Rs. 6,720

Rate,R = ?

∴ S.I. =

100

P×R×T

⇒ R =

66,000×2

6720×100

⇒ Rate = 5.09% per annum

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