Question

At what rate of simple interest per annum, will rs 10000 amounts to 12100 in 3 years​

Answer 1

Step-by-step explanation:

Let the rate=R%.

Principal=Rupees 10000.

Time=3years.

Amount=Rupees 12100.

Amount=Principal+S.I.

12100=10000+(10000×R×3)/100.

12100-10000=300R.

2100=300R

2100/300=R.

7=R.

7%=R.

I hope it helps you and BDW my name is Souvik Das and I have written the rupees in words because the rupees symbol was not coming,sorry for the inconvinience.