Question

at what rate percent of simple interest will 20000 amount to 26000 in 3 years?​

Answer 1

Answer:

10% per annum

Step-by-step explanation:

Let the Rate percent be R.

Amount (A) = Rs.26000

Principal (P) = Rs.20000

Simple Interest (SI) = A-P = Rs.(26000-20000) = Rs.6000

Time (T) = 3 years

SI = PRT/100

=> 6000 = 20000 × R × 3/100

=> R = 10%

Answer 2

10% per annum is the right answer

hope it helps you