Question

find the rate of interest if Rs 4000 to Ra 6000 in 2 years . solve this in steps​

Answer 1

Step-by-step explanation:

in the case of simple interest

p=4000 si=2000 A=6000 n=2

r=?

$a = p(1 + it) \\ 6000 = 2000(1 + 2i) \\ \frac{6000}{4000} = 1 + 2i \\ 1.5 = 1 + 2i \\ 2i = .5 \\ i = \frac{.5}{2} = .25 \\ i = 25$