If nilu pays an interest of rs 750 for 2years on a sum of rs 4,500,find the rate of interest
Answers
Answered by
4
Answer:
Principal = Rs 4500
Time = 2 Years
Simple Interest = Rs 750
To calculate the rate of interest ,
The formula is
R =( 100 * S.I) / P * T
R = ( 100 * 750) / (4500 * 2)
R = 75000 / 9000
R= 75/9 = 25/3 = 8.33%
Step-by-step explanation:
I hope my calculation is easy for you :)
Answered by
4
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
⇛
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀
❥hope it's helps you
Attachments:
Similar questions