Home

Solve any problem
(step by step solutions)
Input table (Matrix, Statistics)
Mode :
SolutionHelp
Solution
Simple Interest on Rs 972 at a certain rate % per annum for 3.5 years is Rs 476.28 . Find the rate ?

Solution:
Your problem `->` Simple Interest on Rs 972 at a certain rate % per annum for 3.5 years is Rs 476.28 . Find the rate ?


Here `P = 972, SI = ` Rs. `476.28, N = 3.5`

`SI = (P*R*N)/100`

`R = (SI*100) / (P*N) = ( 476.28 * 100 ) / ( 972 * 3.5 ) = 14`

The rate is `14` %.






Solution provided by AtoZmath.com
Any wrong solution, solution improvement, feedback then Submit Here
Want to know about AtoZmath.com and me
  
 

Share with your friends, if solutions are helpful to you.
 
Copyright © 2019. All rights reserved. Terms, Privacy