Math, asked by adwitasrivastav, 4 months ago

what is the rate of interest at which rupees 14000 gives interest of Rs. 1960 in 2 years

Answers

Answered by RanjiniKmurthy

0

Answer:

GIVEN :

principal = 1960 rs

time = 2 years

simple interest = 14000 rs

rate of interst = ?

Step-by-step explanation:

SI = P*T*R/100

R = SI *100/P * T

= 14000 * 100/1960 *2

= 7%

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