Question

If manohar pays an interest paid after of Rs 750 for 2 years on a sum of Rs 4,500,find the rate of interest​

Answer 1

Step-by-step explanation:

R=100*SI

T*P

so solve with this formula

Answer 2

Answer:

let rate of interest be x

I=P×R×T/100

750=4500⋅R⋅2100

R=750⋅1004500⋅2=75090

=759=253

interest of 2 yrs =750rs

interest of 1 year =7502=375rs

interest = x%of principal amount

=4500×x100=45x

45x=375

x=37545

x=253

Rate of interest = 253%