Math, asked by ShreyaSolanki, 8 months ago

6. Find the rate of simple interest if
the interest on 1000 for 5 years amounts to 300.

Answers

Answered by Adityaraj492729

1

Step-by-step explanation:

amount=prt÷100

300=1000×r×5÷100

300=50r

r=6%

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