If the interest on Rs. 300 for one year is Rs. 37.00 find the rate of interest.
Answers
Answered by
2
Answer:
The compond interest and the simple interest on a certain sum for two year are rs. 2040 and rs. 2000 respectively
Step-by-step explanation:
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Answered by
1
Answer:
si= 37
p= 300
si=ptr/100
37=300*1*r/100
37/300*100=r
r=12.3333%
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