1.

Present worth of RS. 11660 due 9 months hence is RS. 11000 Find the rate of interest

Answer»

ANSWER:

HOPE it helps

Step-by-step EXPLANATION:

AMOUNT =₹11660. Time=9 months=9/12=3/4yrs

principal=₹11000

SI=A-P=₹660

Rate of interest=100*SI/P*T

100*660/11000*3/4

100*660*4/11000*3

=7.2



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