if rs 2500 becomes rs 3000 in 5 years ,then what will be the rate of i – InterviewSolution

1.

if rs 2500 becomes rs 3000 in 5 years ,then what will be the rate of interest?

Answer»

Interest = 3000- 2500= 500.INTEREST = PRT/100=> R = (500*100)/(2500*5)=> R = 4 %

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