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A sum of ₹5000 was given at simple interest and at the end of 1 year 6 months the total amount was ₹6200.What is the rate of interest per annum?
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Answered by
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Answer:
6%
Step-by-step explanation:
According to question ,
Amount of 5000 is kept for 6 years i.e
interest is to be paid for 6 years
And , Amount of 3000 is kept for 3 years
i.e. interset is to be paid for 3 years
Let rate of interst per annum be x%
Then According to question
x/100 × (5000×6+3000×3)=2340
Solving we get x=6
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Answered by
0
Answer:
your Answer is 300 , ,............
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