Question

pls ans in paper plss​

Answer 1

❄︎ Reffer the Attachment friend ☝︎☝︎☝︎

Answer 2

Solution :

i)

Given :

I = 1200

P = 1320

T = 2 year

To find :

R = ?

Solution :

=> R = I x 100/T x P

=> R = 1200 x 100/2 x 1320

=> R = 120000/2640

=> R = 45.45 %

∴ Rate of interest is 45.45 %

ii)

Given :

I = 300

P = 400

T = 2 year

To find :

R = ?

Solution :

=> R = I x 100/T x P

=> R = 300 x 100/2 x 400

=> R = 30000/800

=> R = 37.5 %

∴ Rate of interest is 37.5 %