Math, asked by gurnoorsingh5062, 5 months ago

.. IfR12.000 becomes 12,480 after 2 years at a certain rate of interest, find the rate of interest.

Answers

Answered by prasanthikuchipudi

1

Answer:

R=2%

Step-by-step explanation:

Amount=P+(PTR/100)

12480=12000(1+(2*r/100))

52=50+r

r=2%

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