Question

Find the deposited amount using intrest,rate and time

Answer 1

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To find Rate when Principal Interest and Time are given the rules are. Examples to find Rate when Principal, Interest and Time are given: 1. Find Rate, when Principal = $ 3000; Interest = $ 400; Time = 3 years.

Answer 2

To find Rate when Principal Interest and Time are given the rules are.

Interest = (Principal × Rate × Time)/100

Rate = (100 × Interest)/(Principal × Time)

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