Find the rate of interest for the following? Principal = rs 1000, interest=rs 210, time = 3 1/2 years
Answers
Answered by
1
Answer:
rate of interest= s.i×100/p×t
=210×100×2/1000×31
=42000/31000
=42/31
=1.35
Answered by
0
Answer:
Rate= 6%
Step-by-step explanation:
Principal = rs 1000
interest= rs 210
time = 3 1/2= 7/2
Rate = i×100/P×T
= 210/1000×100/7/2
= 210/1000×100×2/7
= 6%
Hope my answer helps you.
Similar questions