(ii) 3625 for 8 years at the rate of 6% per annum.
Answers
Answered by
5
Answer:
hi mate :)
Step-by-step explanation:
Principal =3625
time =8 yrs
rate =6%
simple interest =p*r*t/1.00
3625 \times 8 \times 6 \div 100
3625*48/1.00
174000/100
=1740 ruppees
Answered by
2
Answer:
thank you for asking this question! I will try my best to answer your question!
S.I = A-P
I am finding the simple interest by subtracting amount and principal
=4495-3625
=870
Now Find rate through S.I formula
S.I= P*T*R/100
870=3625*2*R/100
R= 12%
The answer is 12%
Hope this helps!
Ask me for any doubts on this question
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