Principal=7800 rupeesperiod=7 yearstotal amount= 11349 rupeesannual rate of interest =

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asked May 25, 2023 35.5k views

3 votes

Principal=7800 rupeesperiod=7 yearstotal amount= 11349 rupeesannual rate of interest =

Mathematics
college

Yammi asked

by Yammi

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1 Answer

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$\begin{gathered} \text{Interest}=\text{Amount}-\text{pricipal} \\ I=11349-7800 \\ I=3549 \\ So, \\ I=\frac{\text{PRT}}{100} \\ 3549=(7800* R*7)/(100) \\ R=6.5\text{ \%} \end{gathered}$

Pedro Rolo answered May 31, 2023

by Pedro Rolo

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