Question

What rate of inteuest will give ₹ 9400 the interest on a sum of ₹ 72000 in 2 years? step by step solution​

Answer 1

Answer:

P= rs 72000

t= 2 years

S.I = rs 9400

R = ?

so,

R = (SI ×100)/( P×t)

= (9400×100)/(72000×2)

= 940/144

= 135/36

= 15/4%p.a

Answer 2

Step-by-step explanation:

The interest is ₹9400.

Principle amount=₹72000

Time=2 years.

Then rate of interest will be =(100*9400)/(72000*2)

=940000/144000

=940/144

=235/36

235/36% is the rate of interest.

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