The compound interest and simple interest Rs. 200 isiwo years be Rs. 42 and 40 respectively
ther the rate of interest wil be-
(a) 5%
(b) 10%
(c) 15%
(d) 20%
plzzz step by step explain
Answers
Answered by
1
Answer:
Given, Amount = Rs. 220, Principle = Rs. 200, Time =1 year
1 year simple interest and compound interest are equal.
So Interest =220−200= Rs. 20
S.I. =100PRT
R=P×TS.I. ×100
R=200×120×100
R=10%
so the ans is 10 ;)
Answered by
1
Step-by-step explanation:
R=200×120×100
R=10%
ans is 10..
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