top simple interest accrued on an amount of rupees 28500 in 7 years is rupees 23940 what is the rate of interest p a?
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Top simple interest accrued on an amount of rupees 28500 in 7 years is rupees 23940 what is the rate of interest p a?
_________________________
Principal = 23940
Time = 7 years
Amount = 28500
Simple Interest,
= Amount - Principles
= 28500 - 23940
= 4560
_____________________________________
The rate of Interest = ?
_____________________________________
Let rate the r,
S.I =
4560 =
= r
12 = r
12 is the rate of Interest.
_________________________
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