Question

At what rate will rs 2500 fetch an interst of rs 300 in 4year in math

Answer 1

Answer:

r = 3%

Step-by-step explanation:

P = 2500

I =  300

t  = 4 yrs

let the rate be r%

∴  I = Prt/100

or, 300 = 2500×4r /100

or, 30000 = 10000r

or,       r     = 3