Question

at what rate of simple interest will 15000 become 30000 in 4 years​

Answer 1

Answer:

at the rate of 50 percent

Answer 2

S.I = P*R*T

100

:.30000= 15000*4*R ( zeros are cut)

100

30000= 150 *4*R

30000 (simply them)

150*4

R= 50%