Question

find the rate of interest when $ 800 fetches $ 130 as simple interest 2years 6months ​

Answer 1

Answer:

Visva-Bharati (Bengali: [biʃːɔbʱaroti]) is a public research central university and an Institution of National Importance located in Santiniketan, West Bengal, India. It was founded by Rabindranath Tagore who called it Visva-Bharati, which means the communion of the world with India.

Answer 2

Step-by-step explanation:

P = 800

R = ?

T = 2 yrs 6 months = 5/2 yrs.

SI = P×R×T/100

$= > 130 = \frac{800 \times r \times \frac{5}{2} }{100} \\ = > 130 = 8 \times r \times \frac{5}{2} \\ = > 130 = 20 \times r \\ r = \frac{13}{2} \% = 6.5\%$

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