Question

If rs 3300 became rs 4125 in two years find the rate of interest​

Answer 1

Answer:

825 or (in percent) 20%

Step-by-step explanation:

If my answer is correct then please tell me.

Answer 2

Hope it helps ^_^

I think that this is the right answer

Answer:

12.5 %

Step-by-step explanation:

Principle = 3300

Amount = 4125

Interest = Amount - Principal

= 4125 - 3300

= 825

Now we have,

Principal (P) = 3300

Amount = 4125

Time (T) = 2 years

Interest (S.I) = 825

Rate (R) = ?

We know that,

S.I = P × R × T / 100

825 = 3300 × R × 2 / 100

825 = 33 × R × 2

825 = 66 × R

R = 825 / 66

R = 12.5

∴ Rate = 12.5 %