Question

p=?, r =6 n=2 c.I=618 Amount=?​

Answer 1

Answer:

First year SI =Rs

2

600

=Rs300

CI−SI=618−600=Rs18

Interest on Rs 300 for 1 year = Rs 18

Interest on Rs 100 for 1 year Rs

30

18×100

= Rs.6

∴rate=6%

i hope it helps you