Math, asked by meenakshireddy3091, 1 year ago

reena took a loan of rs. 1200 with simple interest for as many years as the rate of interest . if she paid rs432 as interest at the end of the loan priod .what was the rateof interest

Answers

Answered by Advik007

3

SI = PRT/100

R^2 = SI * 100 / P

R^2 = 432*100/1200

R^2 = 36

R == 6%

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