Question

Rahul borrowed ₹1800 from. shyam.after 5 years he returned ₹ 2610 to shyam. At what rate of interest per year had shyam lent the money to rahul. ​

Answer 1

Answer:

Rate= 9%

Step-by-step explanation:

Given

Principal= 1800₹

Time= 5 years

Amount= 2610₹

Rate = ?

Interest= Amount - Principal

= 2610 - 1800

= 810₹

Rate= (Interest×100)/ Principal×Time

= 810×100/ 1800×5

= 9%

so rate of percentage will be 9%

Answer 2

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Principal= 1800 ₹

Time= 5 Years

Amount= 2610₹

Rate= ?

Interest=Amount - Principal

=2160-1800

=810₹

Rate= (Interest×100)/Principal ×Time

=810×100/1800×5

= 9%.