which among the following rate of interest yields and interest of ₹200 for the principal of ₹2000 for one year
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Answer:
10% r = I×100 P×n = 200×100 2000×1 = 10 %Read more on Sarthaks.com - https://www.sarthaks.com/1000562/which-among-the-following-rate-interest-yields-interest-200-the-principle-000-for-one-year
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Step-by-step explanation:
principal = 2000
interest = 200
time = 1 year
rate = ?
interest = p*r*t/100
200 = 2000*r*1/100
200 = 200*r
r = 200/200
r = 1 %
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