Question

Hamid borrowed Rs 1500from a financer. After 3.5 years,he paid 2655 to the finance and clear the accounts. find therate of interest charged

Answer 1

p=₹1500

t=3.5yr.

amt=₹2655

SI=amt-p
" =>2655-1500
". =>₹1155

r=SI×100÷p×t
"=1155×100÷1500×3.5
"=115500÷5250
"=22%

therefore rate is 22percent




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Answer 2

Answer:

22% is the answer

Step-by-step explanation:

see in picture.......

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