find the range of principal rupees 7500 amount rupees 8325 time 2 years
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Answer
Rate=5.5%
Step-by-step explanation:
Principal=7500₹
Amount=8325
Time=2 years
we need to calculate Rate Percentage
Simple Interest=Amount -Principal
=8325 -7500
= 825₹
Rate= Interest×100/Principal×Time
=825×100/7500×2
=82500/15000
=5.5%
Rate will be 5.5 %
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here is the answer..
hope it will help you..
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