Question

Raju pays an interest of Rs 750 for 2 years on a sum of

Rs 4500, find the rate of Interest.​

Answer 1

Answer:

R = (750 × 100)/ (2 × 4500) = 8 (1/3) %

Answer 2

Step-by-step explanation:

I=Prt/100

750=4500*r*2/100

r=(750*100)/(4500*2)

r=25/3

r= 8.33%