rate of interest on sum of Rs 12000 for 4years if the S.I is 720
Answers
Answered by
1
Step-by-step explanation:
P=12000
T=4 yrs
I=720
SI=PRT/100
720=12000×R×4/100
720=480×R
R=720/480
R=1.5%
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Answered by
0
Answer:
pricinical =12000
time =4years
simple interest =720
rate=?
rate= 720×100/12000×4 =3/2 =1-1/2
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