If in 2 years a principal of 100 amounts to 144, then the rate of interest is ?
Answers
Answered by
0
Step-by-step explanation:
Time :2 years
principal: rupees 100
Amount : rupees 144
S.I : (amount- principle)= (144-100) = rupees 44
Rate : 100× S.I/ principal× time
= 100× 44/100×2
= 22% per annum
answer: 22%
Similar questions
Sociology,
1 month ago
Math,
1 month ago
Science,
1 month ago
Math,
2 months ago
Math,
2 months ago
Computer Science,
9 months ago
Social Sciences,
9 months ago