if Manohar page and interest of rupees 750 for 2 years on a sum of rupees 4500 find the rate of interest
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➡HERE IS YOUR ANSWER⬇
♧♧FORMULA♧♧
Prncipal = P
Rate = R
Interest = I
Time = T
The relation among P, R, I and T is
I = (P×T×R)/100 .....(i)
♧♧SOLUTION♧♧
Given that :
Principal (P) = Rs 4500 /-
Time (T) = 2 yeara
Internet (I) = Rs 750 /-
Using the relation (i), we write
I = (P×T×R)/100
=> R = (100×I)/(P×T)
= (100×750)/(4500×2) %
= 8.33 % (approximately)
So, the rate of interest is 8.33 %
⬆HOPE THIS HELPS YOU⬅
♧♧FORMULA♧♧
Prncipal = P
Rate = R
Interest = I
Time = T
The relation among P, R, I and T is
I = (P×T×R)/100 .....(i)
♧♧SOLUTION♧♧
Given that :
Principal (P) = Rs 4500 /-
Time (T) = 2 yeara
Internet (I) = Rs 750 /-
Using the relation (i), we write
I = (P×T×R)/100
=> R = (100×I)/(P×T)
= (100×750)/(4500×2) %
= 8.33 % (approximately)
So, the rate of interest is 8.33 %
⬆HOPE THIS HELPS YOU⬅
Answered by
3
hey!!
question
4) If manohar pays an interest of ₹ 750 for 2 years on a sum of 4,500. find the rate of interest.
given
⟼interest ⇛750.
⟼time ⇛2 year.
⟼sum ⇛4,500.
to find
⟼rate of interest ⇛??
answer
⇛
step by step explanation
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❥hope it's helps you
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