Saved Bookmarks
| 1. |
An5. (a) A sum of? 25,000 accumulated to R 55,000 after 12 years. Find the rate dsimple interest p.a., which was effective in this situation. |
|
Answer» Simple interest = PTR/100P= 25000Amount = 55000Rate= ?Simple interest= 30000Now30,000*100/25000*12= RR= 10 percentagePlease like the solution 👍 ✔️ |
|