Find the rate of interest when Rs.1200 amounts to Rs. 1320 in 2
years
Answers
Answered by
0
Answer:
the raye of interest will be 5℅
Answered by
5
Answer:
5%
Step-by-step explanation:
P=1200
A=1320
T=2
I=PRT/100
I=A-P
=120
120=1200*R*2/100
120=24R
R=120/24
R=5%
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