what is rate of interest if principal.amount be 400,simple interest 180 and time 2year.

what is rate of interest if principal.amount be 400,simple interest 180 and time 2year.

Quiz

Answer/Solution

22.5

Steps/Work

s.i=(p*r*t)/100
180=800r/100
r=180/8=22.5%
answer D

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What is rate of interest if principal. Amount be , simple interest and time year.

Calculated Answer

22.5

Step by Step Solution

In order to solve problem, you must evaluate n1 / (n0 * n2) * 100.

n0 =400
n1 =180
n2 =2