The rate on which the amount of ₹ 17,500
on simple interest for 2 years will be ₹
19,250 is
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The rate on which the amount of ₹ 17,500
on simple interest for 2 years will be ₹
19,250 is
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Answer:
5%
Step-by-step explanation:
SI = 19250- 17500 = 1750
SI = P×R×T/100
1750= 17500×R×2/100
(1750×100)/2×17500= R
5% = R