samrika
samrika samrika
  • 16-12-2020
  • Mathematics
contestada

3. Find the rate of interest (R)
(a) Principal = Rs. 1460 Time (T)= 30 months
Interest = Rs. 292​

Respuesta :

gurungpremmaya16
gurungpremmaya16 gurungpremmaya16
  • 16-12-2020

Answer:

8 percent

Step-by-step explanation:

p=rs1460

t=30month

=30÷12(1year=12months)

=2.5 years

interest=rs292

rate of interest=?

we know that

I=ptr/100

rs292=rs1460×2.5×R/100

rs2920=365R(subtracting 0 from both and multiplying remaining with 292)

2920/365=r

8 percent=R

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