Question

Rajesh borrowed 5000 rupees from a bank he will have to pay 10,000 after 5 year find the rate of interest if the interest is payable half-yearly

and the answer is 14.4 so plz solve it​

Answer 1

SoluTion

$\fbox {Given :-}$

$P=5000\\\\T=5\times 2=10\\\\I=10000 - 5000=5000\\\\\\\tt {\implies 5000=\frac{5000\times R\times 10}{100}}\\\\\tt {\implies R=10\ percent\ per\ 66\ months}$

$\rule {130}{2}\ Be\ \ Brainly\ \star$