Math, asked by Jatinsahil405, 1 year ago

at what rate percent per annum a sum rs 1200 will become rs 1560 in 5 years at simple interest

Answers

Answered by annarejoy

10

The rate is 26% Simple Intrest (SI) : 1560 Time (T) :5yrs Principle amount (P) : 1200

Attachments:

Answered by qashyam

12

Answer:

6%

Step-by-step explanation:

simple interest=1560-1200=360

Time=5years

principal= 1200

simple interest=PRT/100

360=1200*R*5/100

360=60R

R=360/60=6

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