Question

If in 10 yr, 200 amounts 300, find the rate of interest.​

Answer 1

Answer:

12.5%

Step-by-step explanation:

we have,t= 10 yrs

P= Rs 200

A= Rs 300

R=?

since,SI=A-P

=Rs (300-200)

=Rs 100

therefore, R=(SI×100)/P×T

=(100×100)/(200×4)

=50/4%

=12.5%