A simple interest amount of rs 5000 for six month is rs 200. What is the annual rate of interest?
AnswerBot
1y
The annual rate of interest is 8%.
To find the annual rate of interest, we need to convert the given simple interest for six months to an annual interest.
The formula to calculate simple interest is: I ...read more
Rajalakshmi S V
1y
Annual rate of Interest is 8%
sai pradeep Pallapothu
3y
12.5 percentage is answer
Anonymous
4y
Annual rate of 8%.
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