Question

at what rate per annum will the simple interest on rupees 3650 be rupees 1314 after 3 years​

Answer 1

Answer:

Given Principal=3650

Simple interest=1314

time=3 years

r=?

S=ptr/100

1314=3650*3*r/100

r=12%

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Answer 2

Answer:

1314=(3650×3×r)÷100

R=12%

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