Math, asked by shloksengupta2811, 6 months ago

If the compound interest on rs 6000 for 2 years be rs 1200, find the rate of interest

Answers

Answered by richard3944

0

Answer:

rate of interest =10%

Step-by-step explanation:

c.i = pnr/100
c.i = 6000*2*r/100
c.i=1200
1200=120r
r=1200/120
r=10

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