If ₹5200 yields ₹624 as SI in 2 years, then the rate percentage is
Answers
Answered by
10
Answer: 6℅p.a.
Step-by-step explanation:
Given: P = Rs 5200
SI = Rs 624
T = 2 years
To find : R
Using formula : SI = P×R×T/100
Putting values ,
624 = 5200×R×2/100
624×100 = 5200×R×2
624×100/5200×2 = R
312/52 = R
R = 6℅p.a.
Hope it helps!
Similar questions