find the rate of interest if the simple interest is rs 600 for 3 years of rs 2000
Answers
Answered by
1
Interest = Principal * Number of years * Rate of Interest / 100
ie, I = PNR/100
600 = 2000*3*R/100
Rate of Interest, R = 600*100/(2000*3) = 10%
Answered by
1
Answer:
pls see the attachment
Attachments:
Similar questions