Answer:
8 percent
Step-by-step explanation:
p=rs1460
t=30month
=30÷12(1year=12months)
=2.5 years
interest=rs292
rate of interest=?
we know that
I=ptr/100
rs292=rs1460×2.5×R/100
rs2920=365R(subtracting 0 from both and multiplying remaining with 292)
2920/365=r
8 percent=R
