Question

At what rate will Rs. 6,000 get Rs. 1,080 as simple interest in 3 years​

Answer 1

Answer:

principal=6000

simple interest=1080

time=3years

Rate=?

Step-by-step explanation:

so the formula is

1.simple interest=

principal×Rate×time/100

2.1080=6000×r×3

100

1080=r×180

1080=r

_______

180

6 =r

then the rate of interest is 6%

Answer 2

Answer:

6%

Step-by-step explanation:

p= 6000

t=3 years

r=?

si= 1080

si= ptr/100

1080=6000 X r X 3 /100

1080=180r

r=1080/180

r= 6%