Intrest on a summ of 8000for 2 years in 720 fing the rate of intrest
Answers
Answered by
1
Answer:4.5
Step-by-step explanation:
Interest=P*R*t/100
Here, 720=8000*R*2/100
720=80*R*2
R=720/160
R=4.5%
Answered by
1
solñ,
Sum(p)=8000
Time(T)=2 years
S. I. = 720
Rate(R)=?
we know that,
S. I= p× t× r/100
720= 8000× 2×R /100
720× 100= 16000 × R
R= 720000/16000
{R=4.5 %}✓✓✓✓✓✓✓✓✓✓✓✓✓✓✓✓✓✓✓
I hope you will get......
Sum(p)=8000
Time(T)=2 years
S. I. = 720
Rate(R)=?
we know that,
S. I= p× t× r/100
720= 8000× 2×R /100
720× 100= 16000 × R
R= 720000/16000
{R=4.5 %}✓✓✓✓✓✓✓✓✓✓✓✓✓✓✓✓✓✓✓
I hope you will get......
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