Math, asked by suryasrived, 1 month ago

find the interest rate on a $1500 loan with $1125 in interest over 3 years

Answers

Answered by utkarshvibhav07

1

Answer:

25%

Step-by-step explanation:

S.I = (P x R x T)/100

R = (I x 100)/(T x P)

R = (1125 x 100)/(1500 x 3)

= 25%

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