Find the rate of interest of Rs. 4000 will be amount to Rs. 6000 in 2 – InterviewSolution

1.	Find the rate of interest of Rs. 4000 will be amount to Rs. 6000 in 2 years. please solve it.
Answer» 8Step-by-step EXPLANATION:A=P(1+R/100)25832=5000(1+r/100)25832/5000=729/625=(27/25)31+r/100=27/25R=27/25–1=2/25R=2/25*100=8R=8% p.a.

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