Question

principal
Rs 75000, Amount = Rs 31000, time=4yrs, what
is the rate of interest ​

Answer 1

Answer:

principal =25000

let R be-R

time-4years

amount =31000

p×r×t/100=31000

25000×R×4/100=31000

25000×4×R=31000×100

100000×R=3100000

R=3100000/100000

R=31%

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