find the rate if a sum of 4000 amounts to 5290 in 2 years
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Bro/sis please mention simple and compound interest next time.
I’ll tell for simple interest.
4000*2*x is 1290(simple interest)
—————-
100
80x is 1290
8x is 129
X is 129/8
X is 16•125%
If it is correct then please please mark as brainliest
I’ll tell for simple interest.
4000*2*x is 1290(simple interest)
—————-
100
80x is 1290
8x is 129
X is 129/8
X is 16•125%
If it is correct then please please mark as brainliest
zivaa:
answer is 15%
Did I do some calculation mistake because I think that my method was correct
I have also done in the same way and my answer is exactly the same as yours but the answer to this is 15
Who said it’s 15
I think the one who said 15% might be for compound interest.
We calculated for simple interest
We calculated for simple interest
Anyway please mark as brainliest as I calculated for simple interest.
Please please please
Please please please
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