Math, asked by sahitya09negi, 23 days ago

Find Rate if Principal is Rs 15000, Time 1 year and Interest is Rs 300?

Answers

Answered by Equuleus

1

Simple Interest = PTR/100

300 = 15000*1*R/100

300 = 150R

R = 300/150

R = 2

Interest rate is thus 2%

Hope this Helped!

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