Math, asked by sreelekshmiparu, 6 months ago

If a person pays an intrest of ₹1000 for 2years on a sum of ₹8000 find the value of intrest

Answers

Answered by thisistarun

0

Answer:

6.25 % p.a

Step-by-step explanation:

Amount = Rs. 8,000

interest = Rs. 1,000

Rate ( value) of interest = ?

1000/8000 x 100

12.5 x 2

= 6.25 p.a.

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