(ii) Find the rate of interest per annum if principal =Rs 8000, Time=9/2 years, SI =Rs 800
Answers
Answered by
2
Answered by
2
hi
Step-by-step explanation:
P=Rs 8000,T = 9/2yrs,SI = Rs800
SI = P*R*T/100
=> 800=8000*R*9/100*2
=>800= 360R
=>800/360=R
=>20/9= R
=>R = 2.2%
hope it helped you
Similar questions