Math, asked by gullnaazshaikh91, 2 months ago

If the interest on Rs.16000 is Rs. 3200 for 2 years, the rate of interest must be?

Answers

Answered by dakshvij1285

1

Answer:

The rate of Interest is 10%. Calculate using the simple interest formula

Answered by abhinavkrhzb

0

Answer:

Rate = 10%

Step-by-step explanation:

Rate = S.I x 100/principal x time

Rate =(3200 x 100) /( 16000 x 2)

Rate = 10% ( by dividing all commen factors)

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