Question

at what rate percent on simple interest will rs.750 amount to rs.900 in 5 years?

Answer 1

si = 900-750=150
(150*100)/(750*5)= 4 year

Answer 2

Answer:

Rate of Interest is 4 %

Step-by-step explanation:

Given: P = Rs. 750

          R = Rs. 900

         T = 5 years

To find: Rate, R

We are it is Simple Interest.

⇒ Simple Interest, SI = A - P = 900 - 750 = Rs. 150

we know that

$SI=\frac{P\times R\times T}{100}$

$150=\frac{750\times R\times5}{100}$

$150\times10=375\times R$

$R=\frac{1500}{375}$

$R=4$

Therefore, Rate of Interest is 4 %