11. A sum of Rs. 12,800 amounts to Rs.
16000 in 3 years at the rate of simple
interest. What is the rate of interest?
Answers
Answered by
0
Answer:
8.3%
Step-by-step explanation:
P = 12,800
A= 16,000
T= 3 years
I = A-P = 16,000- 12,800
R = 100 * S.I
_______
P * T
R = 8.3%
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