at what rate simple interest ¢6900 amounts ¢8280 in 5 years
Answers
Answered by
1
Step-by-step explanation:
SI=PTR/100
- 8280=6900×5×R/100
- R=8280/345
- R=24
HOPE THIS HELPS YOU MY FRIEND
Answered by
0
Answer:
Let Rate if Interest be R
Simple interest= Rs.6900
Amount= Rs.8280
Time= 5 years
Principal= Amount- SI
= Rs.8280- Rs.6900
= Rs.1380
A.T.Q
Simple Interest= P×R×T
So, R = 100
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