Question

find the rate percent per annum is Rs 600 rupees 72 interest in 4 year please give answer in simple entrance

Answer 1

given data

p=600 rupees

SI=72

T=4 year

r=?

R=SI×100/P×T

R= 72×100/600×4

R=3% ANS


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Answer 2

Answer:

Rs 768

Step-by-step explanation:

P=Rs.600

SI=720−600=Rs.120

T=4 years.

Hence,

R=

PT

SI×100

=

600×4

120×100

=5%

Now rate is increased by 2%.

So new rate=7%

SI=

100

600×4×7

=Rs.168

Hence new amount=168+600=Rs.768