Math, asked by ashokku108gmailcom, 1 month ago

at what rate percent per annum will $6300 yield an interest if $2100 in 4 years

Answers

Answered by pandaanupama643

2

Answer:

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

S.I.= 100/P×R×T

2100= 100/6300×R×4

R= 6300×4/2100×100

R=8.34%

Step-by-step explanation:

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