11.9k views
4 votes
B) Amount
Rs 5760, Interest
Rs 1526​

User DARKGuy
by
8.3k points

1 Answer

3 votes

Given :

Amount, A = 5760 Rs.

Interest in the amount, I = 1526 Rs.

To Find :

We need to find the % rate of interest.

Solution :

Let, us assume it is simple interest.

So,


Interest = (price * rate * time)/(100)\\\\1526 = (5760 * r * m)/(100)\\\\r = (152600)/(5760m)\\\\r = (26.5)/(m)

Hence, this is the required solution.

User Aritesh
by
8.3k points
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