Math, asked by hali6217, 9 months ago

Rs. 1000 amounts to Rs. 2000 at simple interest in 7 years. Find the annual rate of interest.

Answers

Answered by EinsteinJr

2

P=₹1000

SI=2000-1000=₹1000

T=7years

SI=P*T*R/100

1000=1000*7*R/100

R=100/7 PER ANNUM

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