Find the rate percentage annum, when Principal=
₹400, simple interest= ₹60 and time=4 years?
Answers
Answered by
1
Answer:
P=₹400, S.I=₹60, T=4years, R=?
I = P*R*T/100
60 = 400*R*4/100
R= 3.75%
Hope this is helpful.
Similar questions