Math, asked by shwetasinha3003, 1 day ago

what rate percent will 2500 amounts to 3250 in 6 years

Answers

Answered by AllenGPhilip

5

Answer:

2.16%

Step-by-step explanation:

P = 25,000

SI = 3250

T = 6 yrs

R = ?

SI = P × I × T

3250 = 25,000 × r/100 × 6

3250 = 150,000 r/100

3250 = 1500 r

r = (3250/1500) = 2.16%

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