कोई धन 8 वर्षों में ₹660 और 12 वर्ष में ₹740 हो जाता है तो ब्याज की दर बताइए
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Step-by-step explanation:
Subtract the years - 12 - 8 = 4 yrs.
Subtract the Amounts - 740 - 660 = 80₹
Hence,
Interest for 4 years = 80₹
Hence,
Interest for 1 years = 20₹
Let's find the Rate of interest.
N = 8yrs.
I = 8×20 = 160₹
P = 660 - 160
= 500₹
R = ??
I = PRN / 100
160 = 500 × 8 × R / 100
R = 4%
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