Question

At what rate will rs.3000 yield the simple interest of rs.780 for 4 years?​

Answer 1

Answer:

6.5 or 0.065

Step-by-step explanation:

P=3000

SI=780

Time(t)=4

i(Rate)=?

Now,

SI=Pit

780=3000 × i × 4

780=12000i

i = 780/12000

i=0.065 or 6.5

Answer 2

Hope it helps you buddy

Thanks for asking