What is the rate of simple interest at which Rs 14000 gives interest of Rs 1960 in 2 yr?
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Answered by
0
Answer:
p=14000
r=x
t=2
si=1960
r=si×100÷p×t
r=1960×100÷14000×2
r=196000÷28000
r=7000
Answered by
1
principal =14000
simple interest =1960
Time =2yrs
rate=?
S.I=p*r*t/100
therefore rate=interest*100/principal*time
rate=1960*100/14000*2
rate=7 answer
simple interest =1960
Time =2yrs
rate=?
S.I=p*r*t/100
therefore rate=interest*100/principal*time
rate=1960*100/14000*2
rate=7 answer
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