Question

the intrest on rs 800 be more than intrest of rs 500 by rs 36 in 2 years. the rate of intrest is....? ​

Answer 1

Answer:

The Rate of Interest is 6% p.a.

Step-by-step explanation:

Interest = PRT/100

Interest = PRT/100800×R×2 - 500×R×2 = 36

Interest = PRT/100800×R×2 - 500×R×2 = 36 100. 100

Interest = PRT/100800×R×2 - 500×R×2 = 36 100. 100=> 2R(8-5) = 36

Interest = PRT/100800×R×2 - 500×R×2 = 36 100. 100=> 2R(8-5) = 36=> 3R = 18

Interest = PRT/100800×R×2 - 500×R×2 = 36 100. 100=> 2R(8-5) = 36=> 3R = 18=> R = 6

Interest = PRT/100800×R×2 - 500×R×2 = 36 100. 100=> 2R(8-5) = 36=> 3R = 18=> R = 6So, the Rate of Interest = 6% p.a.