Math, asked by prasannatikekar, 2 months ago

vishwanath borrowed rs 500 for 6 months. he returned rs 512 includind interest and principal.find the rate of interest

Answers

Answered by sureshkumarelsgzb
1

Vishwanath borrowed money= Rs 500

Time= 6 months = 6/12= 1/2

SI= Amount-Principal = Rs 12

SI= P×R×T/100

12=500×R×1/2/100

12=5R/2

24=5R

R=24/5

R=4.8%

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