Answer :

P = Rs. 292, r = ?, t = yr and I = Rs. .01


As we know,





Hence, the rate of simple interest per annum is 1.25.


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses
RELATED QUESTIONS :

<span lang="EN-USWest Bengal Board - Mathematics

Let us write, by West Bengal Board - Mathematics

Amal Roy depositsWest Bengal Board - Mathematics

Rahamatchacha takWest Bengal Board - Mathematics

Let us determine West Bengal Board - Mathematics

Rekhadidi depositWest Bengal Board - Mathematics

If the interest oWest Bengal Board - Mathematics

What is theWest Bengal Board - Mathematics

<span lang="EN-USWest Bengal Board - Mathematics

What is the rate West Bengal Board - Mathematics