Question

if the difference between ci and si
on r 3516 is 35.16 for 2 years. what is the rate of interest
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Answer 1

Answer:

35l6(r/l00) 2=35. I6

(r/100) 2 = 35. I6/3516

r2 /l00x100 = 35.16/3516

r2=35.16.x 100x100 / 3516

r2 = 100, r=v100 = 10

rate of interest = 10%

Answer 2

Answer:

10%

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