Question

Rajesh invested an amount of rs 12050 at simple interest . He got an amount of rs 13496 at the end of 2 years . At what rate of interest did he invest

Answer 1

Answer:

Step-by-step explanation:p= 12050

a= 13496

t= 2years

therefore i= a-p

                  = 1446

to find=r

r=100*p/i*t

100*12050/1446*2

=33%