if rs.1 becomes rs.9 in 60 years at simple intrest.find the rate percentage per anum?
Answers
Answered by
0
Answer:
13 1/3% P.A.
Hope it helps
Answered by
1
Answer:
15% per annum
Step-by-step explanation:
Amount - P = {(P x R x T) /100 }
S. I. = (1 × R × 60)/100
9 = 60R/100
R = (100 × 9) / 60
R = 15% per annum
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