safamarwa safamarwa
  • 22-02-2019
  • Mathematics
contestada

If reena pays an interest of Rs 1080 for two years on a sum of Rs 9000 find the rate of interest

Respuesta :

Simi1234 Simi1234
  • 22-02-2019

S.I. = Rs. 1080

Time = 2 years

Principal = SI.*100/P * T

= 1080*100/9000*2

=1,08,000/18,000

= 6%

Answer Link
AlminaFathima
AlminaFathima AlminaFathima
  • 05-03-2021

Answer:

6%

Step-by-step explanation:

Short forms

Simple intrest= SI           Principle=P             time-T        

SI=1080            T=2

P= SI  x 100/P x T

P= 1080 X 100/9000 X 2

108000/18000

=6%

Hope it helps

bye

Answer Link

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