If Manohar pays an interest of Rs 750 for 2 years on sum of Rs 4500. Find the rate of interest
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Answered by
102
R = S.I × 100/ P × T
R = 750×100/4500 × 2
R = 8.33 % or 8 1/3 %
so rate of interest is 8.33 %
Mark brainliest if it helps, Thanks.
R = 750×100/4500 × 2
R = 8.33 % or 8 1/3 %
so rate of interest is 8.33 %
Mark brainliest if it helps, Thanks.
Answered by
76
P = ₹4500
Si = ₹750
T= 2yrs
SI=PRT/100
750=4500×2×R/100
750=90R
R=750/90
R=8.33%
Si = ₹750
T= 2yrs
SI=PRT/100
750=4500×2×R/100
750=90R
R=750/90
R=8.33%
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