Question

At what rate percent per annum will ₹8000 yield an interest of ₹1800 in 3/2 years​

Answer 1

Answer:

15% per anum

Step-by-step explanation:

Principal (P)=8000

Simple Interest (SI)=Rs1800

time (t) 3 / 2 years

let the rate percent per annum be R

SI= P×R×T/100

•1800= 8000×R/2×1/100

R=180/12

R=15%

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Naisha Sharma

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