Math, asked by aryankantule8888, 1 year ago

manish pays back a total ₹ 20000. Ifthe principal that he borrowed was ₹15000 and the time period was five years , what was the interest rate?

Answers

Answered by haridasan85

6

Answer:

Interest=20000-15000 = 5000

Principal P=15000,N=5yrs

R = 100xl/PxN=100x5000/15000x5

=6.7%

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