mrs sharma borrowed rupees 2500 from a bank at the rate 4 percent per annum for 4 years . find the simple i trest
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Answered by
0
Answer:
12% p.a.
From question, we have
Principal = Rs. 25000, Amount = Rs. 31000, Time =2 years
∴ S.I. = Rs. 31000− Rs. 25000= Rs. 6000
Rate =25000×26000×100=12% p.a.
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Answered by
1
Answer:
Rupees 400
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