what rate gives rupees 100 as interest on sum of rupees 1000 in 2 years
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Answered by
0
Answer:
Step-by-step explanation:
nterest = principal * rate of interest * no of years
100 = 1000 * (R) * 2
100 = 1000 * R * 2
100 = 2000 R
100 / 2000 = R
0.05 = R
R = interest rate /100
0.05 = interest rate / 100
0.05 * 100 = interest rate
5 % = interest rate
Answered by
6
Answer:
ANSWER IS 5% INTEREST .....
Step-by-step explanation:
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