Question

At what rate of simple interest will ₹350 amount to ₹455 in 6 years? *

3%

4%

5%

6%

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Answer 1

Given :

⬤ Principal = Rs. 350 .

⬤ Amount = Rs. 455 .

⬤ Time Taken = 6 years .

To Find :

⬤ Rate of Interest .

Formula Used :

$\sf[\:{Simple\:Interest=\dfrac{P\times{R}\times{T}}{100}}\:]$

Solution :

• Principal = Rs. 350
• Amount = Rs. 455
• Time Taken = 6 years
• Rate of Interest = ?

Now :

S.I = Amount - Principal

S.I = 455 - 350

S.I = 105

So ,

According to the Formula :

S.I = P×R×T/100

105 = 350 × R × 6/100

105 = 21r

105/21 = r

5 = r

Therefore , The Rate of Interest is 5% .

Option C) 5% is Correct .

Answer 2

Answer:

5% is the right answer

Step-by-step explanation:

hope it will help you