1. What rate gives Rs.100 as interest 1 pouon a sum of Rs.1000 in 2 ye – InterviewSolution

1.	1. What rate gives Rs.100 as interest 1 pouon a sum of Rs.1000 in 2 years.
Answer» 5% interest rateStep-by-step explanation:Interest = principal * rate of interest * no of years100 = 1000 * (R) * 2100 = 1000 * R * 2100 = 2000 R100 / 2000 = R0.05 = RR = interest rate /1000.05 = interest rate / 1000.05 * 100 = interest rate5 % = interest rate

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