Question

If the simple interest on ₹205 in 4 years is ₹28.70, find the rate of interest percent p.a.

Answer - - > 3.5%​

Answer 1

Answer:

principal=205, Time=4years, si=28.70

$rate \: of \: interest = \frac{s.i \times 100}{p \times t} \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: = \frac{28.70 \times 100}{205 \times 4} \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: = \frac{2870}{820} \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: = 3.5\%$

Step-by-step explanation:

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Answer 2

Answer:

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