Question

principal=7800 rupeesperiod=7 yearstotal amount= 11349 rupeesannual rate of interest =

Answer 1

$\begin{gathered} \text{Interest}=\text{Amount}-\text{pricipal} \\ I=11349-7800 \\ I=3549 \\ So, \\ I=\frac{\text{PRT}}{100} \\ 3549=\frac{7800\times R\times7}{100} \\ R=6.5\text{ \%} \end{gathered}$