find the rate when principal equals to 4400 amount equal to 5 6 10 and time equals to 5 years 6 months
Answers
Answered by
0
Answer:
your answer is 0.4%
Step-by-step explanation:
=>(4400*66*r/100)+4400=5610
=>2904r+4400=5610
=>2904r=5610-4400
=>2904r=1210
=>r=1210/2904
=>r=0.4%
so your answer is 0.4%
please mark me as the brainliest
Answered by
4
Answer:
Step-by-step explanation:
Principal=Rs 4000
Amount=Rs 5610
So simple interest=5610-4400=Rs 1210
Time=5years 6 months=11/2 year
So rate of interest=R=100×I/PT
=(100×1210)/(11/2)×4400
=(100×1210×2)/(11×4400)
=5 (on simplification)
So rate of interest is5%per annum.
Hope you got it
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