find the rate percent if the simple interest on rs275 in 2 years is rs22

Asked by shirdhankarc | 19th Jan, 2019, 07:09: PM

Expert Answer:

begin mathsize 16px style straight P space equals space Rs. space 275 space space space space comma space Simple space Interest space equals space Rs. space 22 space comma space straight N space equals space 2

Simple space Interest space equals space fraction numerator straight P space cross times space straight R space cross times straight N over denominator 100 end fraction space
rightwards double arrow straight R space equals fraction numerator space 22 space cross times space 100 over denominator 275 space cross times space 2 end fraction
rightwards double arrow straight R space equals space 4 percent sign end style

Answered by Yasmeen Khan | 21st Jan, 2019, 01:42: PM

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