Question

10-A sum of Rs. 725.50 amounts to Rs. 899.62 in 3 years at
the rate of Simple Interest.
(A) 5 (B)8 (C)4 (D)3
​

Answer 1

Step-by-step explanation:

Principle = 725.5

Amount = 899.62

Si = A-P = 899.25 - 725.5 = 173.75

T = 3 years

$r = \frac{si \times 100}{p \times t} \\ = \frac{173.75 \times 100}{725.5 \times 3} \\ = 7.98\%(approx.)$

=8%

option b