Find the annual rate of simple interest if rs. 500 earned rs . 55 as interest in 2 year and 9 months.
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Answered by
15
SI= PRT/100
55 = 500*R*33/12*100
55=R165/12
55*12/165=R
R=4
55 = 500*R*33/12*100
55=R165/12
55*12/165=R
R=4
Answered by
2
Simply interest=p*r*t
P=500 r=55 t=2years=24months+9months=33months
S.I=500*55*33/100
=9075
P=500 r=55 t=2years=24months+9months=33months
S.I=500*55*33/100
=9075
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