at what rate will rupees 3000amount to rupees 3360 in 3 years
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Answered by
2
Considering simple interest
amount is 3360
principal is 3000
and time is 3 yrs.
rate is x%
then
3360 =3000*3*x/100
transposing
3360*100/3000*3=x
thus on basic arithmetic calculations we get
112/3=x
thus rate is 112/3% or 37.33%
amount is 3360
principal is 3000
and time is 3 yrs.
rate is x%
then
3360 =3000*3*x/100
transposing
3360*100/3000*3=x
thus on basic arithmetic calculations we get
112/3=x
thus rate is 112/3% or 37.33%
Answered by
2
si=ptr/100
SI=3360-3000
=360
360=3000*2*x/100
36000=6000x
x=36000/6000
x=6
so the rate is 6%
SI=3360-3000
=360
360=3000*2*x/100
36000=6000x
x=36000/6000
x=6
so the rate is 6%
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