find the rate of interest P=17,500, SI = 63, T = 73 days
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Answer:
To find S.I we shuld apply formula :-
PTR /100
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R=SI x100/PxT
R=63 x 100x 365/17500 x 73 ( i took 365 because we always need to find the Time in years so as only 73 was given i divided 73 by 365)
so now we just have to multiply i rechecked my answer , the answer is 1.8% , if you got it wrong just try multiplying again and the answer could also be written in fraction form :)
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