Math, asked by malathakurmalathakur, 9 months ago

If the interest of 424 ₹ is 88.40 ₹ in 5 years, find out the rate of interest.

Answers

Answered by prajna1874

0

Step-by-step explanation:

SI=P×R*T/100

424=88.405/100R

R=424/88.40*5

R=4.79*5

R=23.9 5

HENCE THE RATE IS 23.95%

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