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Find the rate of interest which gives rupees 140 as interest on a sum of rupees 4200 in 5 months |
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Answer» ᴡᴇ ʜᴀᴠᴇ, ᴩ=ʀꜱ.56000, ᴛ=2yᴇᴀʀꜱ, ꜱɪ=ʀꜱ.280 ᴡᴇ ᴋɴᴏᴡ ᴛʜᴀᴛ, ꜱɪ=100ᴩ×ʀ×ᴛ 280=10056000×ʀ×2 ʀ=2×560280 ʀ=0.25% ʜᴇɴᴄᴇ, ᴛʜᴇ ᴠᴀʟᴜᴇ ᴏꜰ ᴛʜᴇ ʀᴀᴛᴇ ɪꜱ 0.25%. |
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