Math, asked by chetan3677, 5 months ago

Raghav borrowed ₹60000 from a bank on 1 St March and paid back ₹63,150 on 6th october. Find the rate of intrest charged by the bank

Answers

Answered by memanan03

2

Total Interest Paid = 63150 - 60000

= Rs. 3150

3150/60000 × 100 = 5.25%

Rate of Interest = 5.25%

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