Question

at what rate of simple interest will ruppes 4500 amount to rupees 5400 in 3 years??​

Answer 1

Step-by-step explanation:

P=4500

Amount=5400

time= 3 years

SIMPLE INTEREST =AMOUNT- PRINCIPAL

=5400-4500

=900

Now,

SI=P*R*T÷100......... (here R is rate)

900=4500*R*3

÷

100

90000÷4500 * 3

=20/3per annum

hope so it is clear