Ramesh lends rupees 15000 for 2 years at a certain rate of CI if after 2 years if amounts to rupees 16224 find the rate of interest
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Answered by
3
Answer:
4.08%
Step-by-step explanation:
principal=15000
time=2 years
amount=16224
SI=A-P=16224-15000
SI=1224
1224=15000*R*2/100
=1224=300*R
R=1224/300
=4.08%
Answered by
0
Answer:
The answer is -4. 08%.......
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