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