Question

5. A certain sum of money amounts to Rs. 6,300 in two years and Rs. 7,875 in three years nine
months at simple interest find the rate of interest per annum :
(a) 20%
(b) 18%
(C) 15%
(d) 10%​

Answer 1

Answer:

20%

Step-by-step explanation:

6300*100/7875

=976/5

=19.5

≈20%...