What rate gives Rs 100 as interest on a sum of Rs 1000 in 2 year
Answers
Answered by
10
Explanation-
Interest = Principal × Rate × Time / 100
=> 100 = 1000 × 2 × R / 100
=> R = 100 × 100 / 1000 × 2
=> Rate = 5%
Answer => Rate = 5%
Interest = Principal × Rate × Time / 100
=> 100 = 1000 × 2 × R / 100
=> R = 100 × 100 / 1000 × 2
=> Rate = 5%
Answer => Rate = 5%
Answered by
3
Answer:
5%
Step-by-step explanation:
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