Question

At what rate percent per annum will the simple interest on rs 6720 be rs 1911 in 3 years 3 months?​

Answer 1

Answer:

The rate of interest is 8.75%. The simple interest given is Rs. 1911

Step-by-step explanation:

see attachment for explanation

Answer 2

Answer:According to question, we have:

According to question, we have:6720×413×100r=1911

According to question, we have:6720×413×100r=1911⇒r=6720×131911×4×100

According to question, we have:6720×413×100r=1911⇒r=6720×131911×4×100⇒r=434=843%