The simple interest on Rs
2000 for 4 years is Rs 400. The rate per cent of interest is
Answers
Answered by
8
Answer:
Step-by-step explanation:
Principal = Rs 2000
Time = 4 years
Interest = Rs 400
Now, Interest=
100
Principal×Rate×Time
400=
100
2000×R×4
R=
2000×4
400×100
Answered by
8
Answer:
5%
Step-by-step explanation:
Principal = Rs 2000
Time = 4 years
Interest = Rs 400
Now, Interest=
100/
Principal×Rate×Time
400=
100/
2000×R×4
R=
2000×4/
400×100
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