Question

Find the rate of interest when rs300 amounts to rs 400 in 2 years

Answer 1

Answer:

I=300

p=400

T=2

R=x

I=PTR/100

300=400×2×x/100

300×100=400×2×x

30000=800×x

30000/800=x

x=37.5%

Answer 2

Step-by-step explanation:

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