1.

P=20000,a=35246,n=5yrs.find rate of interest.

Answer»

Answer:

  1. 35246-20000=15246
  2. interest of 5 YEARS =15246
  3. interest of 1 YEAR =15246/5=3049.2
  4. rate= 3049.2/20000%
  5. 15.24%


Discussion

No Comment Found

Related InterviewSolutions