find the rate of interest
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Answered by
5
Answer:
simple interest=2700
Principal=75000
Time=219days
To find the rate of interest
Step-by-step explanation:
R=2700*100/75000*219
Answer is 7percent
Answered by
3
Here R = rate
time = 219/365 = 0.6 year
s.i. = P × R × T / 100
2700= 75000 × R × 0.6 / 100
=270000 = 45000R
= R = 270000/45000
= R = 6%
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