Math, asked by gautamoshna, 1 month ago

Ramu had borrowed a loan of RS. 6000 form of bank 4 years ago. if he had paid a total amount of RS.9000to get rid of the loan, what was the rate of interest

Answers

Answered by surajmishra16152
1

Answer:

12.5

Step-by-step explanation:

principal=₹6000

Time=4 yrs

Amount =₹9000

as we know,

Amount=principal+S.I.

9000=6000+S.I.

S.I.=3000

.... S.I =(P*R*T) /100

3000=(6000*R*4)/100

3000*100=(R*2400)

(3000*100)/2400=R

R=12.5...

Similar questions