Question

7. If the simple interest on 1200 be
more than the interest on 1000 by
* 30 in 3 yr. The rate per cent per
annum will be
(a) 5%
(b) 7% (C) 6% (d) 8%​

Answer 1

Answer:

5%

Step-by-step explanation:

Rate = S.I ×100/ P× t

P= 1200-1000=200

S.I = 30

T = 3 years

Rate = 30×100/200× 3

3000/600

5 %

so, The rate percent of per annum will be 5 %

I hope it will help you