Question

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10. P = Rs. 60, T = 2 years, I = Rs. 3, R =
(A) 2.5% (B) 25%
(C) 2.25 %
(D)​

Answer 1

Answer:

si= PxRxT/100

3=60*R*2/100

R=3*100/60*2

R=15/6

R=2.5%