Math, asked by gitawarang1399, 1 year ago

Find the rate of interest if the interest on rs 4500 for a year is rs 540 .

Answers

Answered by Nikhil11135
36
I = P×R ×T/100
=> 540 = 4500 × R ×1/100
=> 54000 = 4500R
=> R = 54000/4500
=> R = 12%
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