sameer brrowed 1500 from mohit he gives 450 as intrest after 5 years find the rate of intrest per annum
Answers
Answered by
1
Answer:
6%
Step-by-step explanation:
interest=(amount*rate*duration)/100
450=(1500*rate*5)/100
45000=7500*rate
rate=45000/7500
rate=6 % per annum
Answered by
0
Answer:
10% it is correct
Step-by-step explanation:
formula P×R×T
1500×R×5/100
15×R ×5
3×R×450
R=10%
Similar questions