Math, asked by agarwalchaitanya2004, 1 year ago

if divyanshu pays an interest of rs.750 for 2 years on a sum of rs.4500 find the rate of interest

Answers

Answered by swati2816
4
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Answered by rajeev378
13
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Here is your answer.
SI = Rs 750
T = 2 years
P = Rs 4500
R = r% (let)

As we know the formula

R = SI × 100/PT

 =  \frac{750 \times 100}{4500 \times 2}  \\   \\  = 8.33\%
Therefore Rate of interest is 8.33%

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