Math, asked by jatinderjohal0, 2 months ago

Example 6: Find the rate of interest if Fatima
paid 36,720 as interest on a sum of 328,000 in
two years.
P = 328,000, R = ?, T = 2 years, SI = 6,720
We know,

Answers

Answered by PrashantKumar888

0

Answer:

R = 5.59%

Step-by-step explanation:

P= Rs.328000 , R=? , T = 2yrs. SI = Rs.36720

S.I. = PRT/100

36720 = 328000*R*2/100

R = 36720*100/328000*2

R = 5.59 %

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