Question

at what rate percent per annum will the simple interest be Re 72 On Rails 960 in 15 years​

Answer 1

Answer:

R = 0.5

Step-by-step explanation:

I = P*R*T/100

R = I*100/P*T

I = 72

P = 960

T = 15 YEARS

R = 72*100/960*15 = 720/96*15

R = 720 / 1440 = 0.5%