find the rate of interest her annum for
the following cases.
(a) principal = 5000, Interest 1500
Time =3 years
Answers
Answered by
0
Step-by-step explanation:
I=(PRT)÷100
R=100I÷PT
R=(100×1500)÷5000×3
R=10%
Answered by
3
Answer:
rate of interest = 100 × S.I. / P × T
= 100 × 1500 / 5000 × 3
= 10 %
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