Question

20.Interest obtained on a sum of ₹5000 for 3 years is ₹1500. The rate percentage is-
(1 Point)
5%
10%
15%
20%​

Answer 1

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The interest earned per year would be 1500/3=500. This represents a 10% rate of interest. This discussion on Interest obtained on a sum of Rs. 5000 for 3 years is Rs.

Answer 2

-}ANSWER:−

The interest earned per year would be 1500/3=500. This represents a 10% rate of interest. This discussion on Interest obtained on a sum of Rs. 5000 for 3 years is Rs.