Question

rupees 500 gives an interest of rupees 150 in 2 years find rate of interest per annum​

Answer 1

Ans: interest of rupees:500
2year of interest =150
.therefore = 150/2=75
So per annum =75

Answer 2

Answer:

Step-by-step explanation:

Rate = ( interest ×100 ) / (principle × time ) rate = ( 150 ×100) / 500 × 2 rate = 15000 / 1000 rate = 15 % per annum