Manohar pays an interest of ` 10500 for 2 years on a sum of ` 75000. Find the rate of interest.
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1
Answer:
ANSWER WOULD BE 25/3% OF RATE OF INTEREST AS PRT/100
750=4500R2/100
INTERSER FOR 2 YEARS 7500
SO PRINCIPAL AMT
4500*X/1OO
45X=375/45
X=25/3
=25/3%
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Answer:
70%p.a
in picture i have forgot to mention (%p.a) after 70 please correct that
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