Question

Find the rate when:
9. Principal = 8250, SI = 1100 and time istwo ​

Answer 1

Answer:

6.666%

Step-by-step explanation:

$S.I. = \frac{P*R*T}{100} \\\\1100=\frac{8250*R*2}{100} \\\\110000= 16500*R\\\\R= 110000/16500$

R = 6.66666 %

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Answer 2

SI = PRT/ 100

1100 = 8250* R * 2/100
1100 = 165*R
1100/165 = R
R = 6.6666%