Question

At what rate per cent per annum will 6300 yield an interest of 2100 in 4 years?
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Answer 1

Answer:

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

S.I=PRT/100

2100=6300×R×4

R=2100×100/6300×4

R=8.34%

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.

$S.I.=P×R×T/100$

2100=6300×R×4/100

R=2100×100/6300×4

R=8.34%

Hope this will help you