Math, asked by meribetu1248, 4 months ago

a sum of rs 4800 deposited in a bank for 3 years amounted to rs 5808 what was the rate of interest.

please help

Answers

Answered by skprincktr

7

Answer:

rate =7%

Step-by-step explanation:

P=4800

T=3

A=5808

I=A-P

=5808-4800

=1008

I=p*r*t/100

=4800*r*3/100

=144r

so, 144r=1008

. : r=1008/144

=7

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