Math, asked by abhinnav, 1 year ago

how to find out the rate of discount

Answers

Answered by stardust15

1

THIS IS CALLED THE DEFINITE DISCOUNT RATE

TO CALCULATE THE DEFINITE DISCOUNT RATE ,JUST MULTIPLY THE AMOUNT BY AN INTETEST RATE.

BY USING FORMULA DISCOUNT RATE DR=PR

(P=PRINCIPAL AMOUNT ,R=INTEREST RATE

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