Manohar pays an interest of rupees 750 for 2 years on a sum of rupees 4500 , find the rate of interest ?
Answers
Answered by
322
Hi ,
Principal ( p ) = Rs 4500
Interest ( I ) = Rs 750
Time ( t ) = 2 years
Rate of interest = r %
Ptr / 100 = I
r = ( 100 × I ) / pt
= ( 100 × 750 ) / ( 4500 × 2 )
= 750 / 90
= 50 / 6
r = 25 / 3 %
I hope this helps you.
:)
Principal ( p ) = Rs 4500
Interest ( I ) = Rs 750
Time ( t ) = 2 years
Rate of interest = r %
Ptr / 100 = I
r = ( 100 × I ) / pt
= ( 100 × 750 ) / ( 4500 × 2 )
= 750 / 90
= 50 / 6
r = 25 / 3 %
I hope this helps you.
:)
Answered by
31
Answer:
therefore rate =8-1%3
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