find at what rate of interest per annum will rupees600 amount to Rs. 708in 3years
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1
Answer:
6%
Step-by-step explanation:
we know,
I= PRT/ 100
A= P+ I
l = A- P
Given, A= Rs 708, P= Rs 600, T= 3 years
PRT/ 100= 708- 600= 108
600×R×3/100= 108
R= 108×100/1800= 108/18= 6
Rate of interest is 6%
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