Math, asked by bikramdangi37, 8 months ago

Kartik borrowed 6,000 from his friend Amit. He gave 500 as interest after 2years.At what rate of interest did he borrow money from Amit?

Answers

Answered by rohangiri14

1

Step-by-step explanation:

Here,

Principal= Rs 6000.

Interest= Rs 500.

Time= 2 years.

Rate of interest = (I×100)/Pt

= (500×100)/6000×2

= 6 whole 1/4.

Hope it help you.......

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