p=12000 simple interest =1890 n=2yrs 4 month r=?
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Thank You!!!
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simply use the formula SI=PTR/100
you will get the following equation
1890=12000*7/3*R/100
you'll get the following equation
1890*3*100/12000*7=R
you'll get R=6.75%
you will get the following equation
1890=12000*7/3*R/100
you'll get the following equation
1890*3*100/12000*7=R
you'll get R=6.75%
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