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please answer the questions please and explain it also! if you want brainlist so answer questions please!for 15 points. |
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Answer» Answer: 12% Step-by-step EXPLANATION: Principal(P) = RS 5000 Time(t) = 2 yr Difference between the Simple Interest(S.I) and Compound Interest(C.I) = Rs 72 Rate of interest(R) Let, the rate of interest be x % PER annum. In Case of Simple Interest, In Case of Compound Interest, According to question, C.I - S.I Hence, The required rate of interest is 12% per annum. Where, P = Principal r = rate of interest t = time S.I = Simple Interest C.I = Compound Interest |
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