Question

Ramesh lent a loan of Rs 1800 to Suresh at a simple rate of interest for 2 years. At the end of 2 period, Suresh refunded him a total of Rs 2232. At what rate of interest had Ramesh lent the loan?
understandable explanation needed​

Answer 1

Step-by-step explanation:

let rate be x

2232=(1800*2*x)100+1800

2232-1800=36*x

x=432/36

x=12

Answer;12%

Answer 2

Step-by-step explanation

answer refers to above attachment