Question

Find the interest on ₹ 3600 at 225% per annum for a period of 3 years and 6 months. ​

Answer 1

We have:-

P= ₹3600

A=473

T=321 = 27year

R=?

we know that ,

A= p + S.I

S.I= 100PRT

Therefore,

A-P= 100PRT

4734= 3600= 1003600×R×27

1134= 36×R×7

R= 9%