Math, asked by taksalekalpesh0, 1 month ago

A sum of Rs. 50,000/- Amounts to Rs. 62,000/-, In 3 years by Simple Interest, Find the rate of Interest.

Answers

Answered by nehasingla5008

1

S.I =62000-50000 =12000

Now,

T=3years,S.I =12000,P=50000

Rate =S.I×100

P×T

Rate=12000×100

50000×3

Rate =8%

Will it help you

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