at what rate percent p.a the simple interest rs 300 in 3 year will be rs
45
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Answered by
0
Answer:
Simple interest = P×R×T/100
45 = 300×R×3/100
Cross multiply
45×100 = 900R
Divide both sides by 900
4500/900 =900R/900
5 = R
R =5%
Therefore the rate at which Rs. 300 yield Rs. 45 simple interest in 3years is 5%
Answered by
0
Step-by-step explanation:
ptr/100
300×3×r/100
45=300×3×r/100
45×100=900r
4500=900r
r=5
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