if rs1200 qnount to rs 1280 in 1 year and 2 months at simple intrest ,find the rate of intrest
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Answered by
3
Answer:
profit =1280-1200=80
rate of year =80/12=6.66%
for two months =2/12=1/6×6.66=1.11%
Step-by-step explanation:
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Answered by
8
Here, Amount = 1280Rs. and Principal = 1200Rs.
Then, Simple Interest = 1280-1200 = 80Rs.
Also, Given that : Time = 1 year 2 months = 14 Months
Now, According to the question :
%
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