Savita saves Rs. 4000 in a bank for 10 years. She receives Rs. 7000 after 10 years. what is the rate?
Answers
Answered by
0
Answer:
Step-by-step explanation:
Principal = Rs 4000
Time = 10 years
Amount = Rs 7000
S.I. = Rs 3000
ptr/100 = 3000
r = 3000*100/4000*10
r = 7.5
Rate of interest = 7.5%
Have a good day ^^
Similar questions