Principal = 4600 rsPeriod = 5 yearsTotal Amount = 6440 rsAnnual rate o

1.	Principal = 4600 rsPeriod = 5 yearsTotal Amount = 6440 rsAnnual rate of interest = ?%
Answer» Answer: 8% Step-by-step EXPLANATION: Given, Principle = 4600 rs Period = 5 years Total AMOUNT = 6440 rs Annual RATE of INTEREST = ?% Amount=Principle(P)+SI Amount=Principle+PTR/100 Amount=P(1+TR/100) 6440=4600(1+5*R/100) by solving R=8%

Principal = 4600 rsPeriod = 5 yearsTotal Amount = 6440 rsAnnual rate of interest = ?%

Answer»

Answer:

Step-by-step EXPLANATION:

Given,

Principle = 4600 rs

Period = 5 years

Total AMOUNT = 6440 rs

Annual RATE of INTEREST = ?%

Amount=Principle(P)+SI

Amount=Principle+PTR/100

Amount=P(1+TR/100)

6440=4600(1+5*R/100)

by solving R=8%

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Principal = 4600 rsPeriod = 5 yearsTotal Amount = 6440 rsAnnual rate of interest = ?%

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