Question

If Manohar pays an interest of AED 800 for 2 years on a sum of AED 4,000, find the rate of interest.

Answer 1

Answer:

40%

Step-by-step explanation:

I = ptr/100

800 = 4000 X 2 X r/100

800 = 20 X r

800/20 = r

r = 40

HOPE IT IS USEFUL

Please thank me and mark me as brainliest