Question

3. A sum of money amounts to $1200 in two years and $1500 in 5 years, then the simple interest on the sum for
one year is
(A) 3200
(B) 300
(C) 500
(D) 3 100
simnle interest. She returned the money along with
00​

Answer 1

Answer:

300 answers

Step-by-step explanation:

And please send me the brainlist

Answer 2

Answer:

150

Explanation:

Formula :

Simple Interest = [ P × R × T ÷ 100 ]

then Rate of interest = [ 100 × SI ÷ P× T ]

Si = 1500 - 1200 = 300

for 2 yrs = 300

Nd for 1 yr = 300 ÷ 2 = 150

p = 1200

interest per yr = 150

p= 1200 - 300 = 900

Interest Rate = 150÷900× 100 = 16.67 % ( 17 %)