Math, asked by ppsingh5972, 4 months ago

At what rate percent per annum will a sum of Rs. 3,600 become Rs. 4,500 in 10 years at simple interest?

Answers

Answered by Ekagra611
5
Simple Interest = PRT/100
Simple Interest = 4500 - 3600 = 900
PRT/100 = 900
3600*R*/10 = 900 (Cancelled the 10 out with 100)
360R = 900
R=900/360
=2.5%
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