Question

Ramesh lent a loan of rs 1800 to suresh at a simple rate of interest for 2 years. At the end of period. suresh returned him total of rs 2232.At what rate of interest had ramesh lent the loan​

Answer 1

The rate is 12%

Explanation:

Minus the loan from the amount. That will be your interest then use the formula: interest = principle(loan) ×rate ×time ÷ 100 to get the rate