Question

At what percent per annum will 8000 amount to 9261 in 3 years

Answer 1

Answer:

472.875

Step-by-step explanation:

Principal=8000,Amaont=9261=3 years

Simple Interest=Amaont-Principal=9261-8000=1261

Rate percent per annum=,$\frac{Simple Interest*100}{Principal*Time}$

=$\frac{1261*100}{8000*3}$=472.875