Math, asked by adithyan1229, 3 months ago

the simple interest for rs 4000 for 2 years is rs 560 find the rate of interest

Answers

Answered by baapbihari42

4

s.I. = 560 rs

sum = rs 4000

time = 2 years

Rate of interest = (100*s.I) /( p*t)

= (100*560)/(4000*2)

=7•/•p.a.

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