what is the rate of interest is rupees 3750 amount to rupees 4650 in 4 years
Answers
Answered by
10
Question : What is the rate of interest is rupees 3750 amount to rupees 4650 in 4 years ?
Solution :
Amount (A) = Rs 4650
Principle (P) = Rs 3750
Time (T) = 4 yrs.
Rate (R) = ?
SI = A-P
SI = A-P = Rs (4650-3750)
SI = A-P = Rs (4650-3750) = Rs 900
R = SI×100/P×T
= (900×100/3750×4)%
= 6%
Hence, rate = 6%
Answered by
5
Answer:
6%
Step-by-step explanation:
amount = 4650
principal= 3750
time = 4 years
si = amount - principal
= 900
900= (3750*r*4)/100
90000=15000r
r = 6% per annum
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