Math, asked by sakshimistry23, 4 months ago

If 500 becomes 625 in 4 years find the rate of simple interest

Answers

Answered by MohdAseel

1

Answer:

6.25% is the answer

Step-by-step explanation:

Explanation is in the attached photo

Hope you got the answer!!

Attachments:

Answered by Bairwaj

1

Answer:

Formula,

S.I = Prt%

P = 500

A = 625

T = 4years

S.I = A - P = 625 - 500 = 125

Now put the values in Formula.

S.I = Prt%

125 = 500 × r × 4/100

125/20 = r

6.25 = r

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