Math, asked by PokePoke, 8 months ago

The difference in Compound Interest and Simple Interest for 2 years on a sum of money is ₹250. If the sum is ₹6250, then find the rate percent.

Answers

Answered by jaswanth2906

2

Answer:

2

Step-by-step explanation:

Rate = (100 × Interest)/(Principal × Time)

P = 6250

R = ?

T = 2yrs

I = 250

substitute

100 x 250 / 6250 x 2

= 2

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