1.

Principal amount is 15320 amount received is 30640 time period is 6 years find the rate of interest

Answer»

Here is ur answer...

GIVEN,
P=15320
A=30640
t=6yrs
we know that ,
A=P+I
I=A-P
=30640-15320
=15320
R=I×100/P×t
=15320×100/15320×6
=50/3
=16.6% ~17%

HOPE this MAY help...


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