Question

Reena took a loan of 1200 with simple interest for a many years as a rate of interest if she paid rupees 432 as interest at the end of the loan period what was the rate of interest

Answer 1

loan =1200
interest =432
time=x

$432 \div 1200=100x$

Answer 2

hey buddy!!!!

here is your answer..

=>> loan taken = 1200

interest she paid = 432

rate of interest be x

now,

1200÷432= 100x

2.77 = 100x

x = -97. 222