Question

at what per cent annum will rs6000 to rs 7986 in 3 years ​

Answer 1

Answer:

Principal Amount= Rs 6000

Total Amount= Rs 7986

Simple Interest= Rs (7986-6000)=Rs 1986

Time= 3 years

S.I.= PRT/100

or 1986= 6000×r×3/100

or 6000×r×3=1986×100

or r= 1986×100/6000×3

or r= 331/30

or r= 11.03 %

•°• Rate of interest per annum is 11.03%.