Question

At what rate per cent per annum will ₹ 6300 yield an interest of ₹2100 in 4 years ?​

Answer 1

Answer:

Please tell the type of Interest.

Step-by-step explanation:

Answer 2

Step-by-step explanation:

The principle is given as Rs6300 and the simple interest is given as Rs2100 with time as 4 years.

S.I.=

100

P×R×T

2100=

100

6300×R×4

R=

6300×4

2100×100

R=8.34%