Question

Yogesh deposited ₹ 32,000 in a bank for 2 years on simple intrest. After manturity he gets ₹38,400. What is the rate of interest​

Answer 1

Answer:

Answer:

(4) 10 pe.p.a.

given that ,

principal - 32000rs.

time - 2 yrs

amount - 38400rs.

simple interest - 38400 - 32000 = 6400rs.

simple Interest = P×R×T ÷100

rate of interest =S.I ×100 ÷ P×T

=6400 ×100 ÷ 32000×2

= 10%

Answer 2

Step-by-step explanation:

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