Question

Find the rate of interest which gives Rs 180 as interest on a sum of Rs 8400 in 12 months​

Answer 1

Answer:

Answer-10%

Step-by-step explanation:

P=8400

SI=180

Time=12months=12/12=1 year

Rate=(SI*100)/(P*T)

=(840*100)/(8400*1)

=10%