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Ramesh lent a loan of rs 1800 to suresh at a simple rate of interest for 2 years. At the end of period. suresh returned him total of rs 2232.At what rate of interest had ramesh lent the loan​

Sagot :

Answer:

The rate is 12%

Step-by-step explanation:

Minus the loan from the amount. That will be your interest then use the formula: interest = principle(loan) ×rate ×time ÷ 100 to get the rate