Math, asked by srmilkfoods, 9 months ago

find the rate of interest per annum for rupees 5000 gives an interest of rupees 270 in 3 years

Answers

Answered by Manjuri68

2

Step by step explanation :

Amount = ₹5000

Interest = ₹270

Principal = A - P

= ₹5000 - ₹270

= ₹4730

Time = 3 years

Rate of Interest = I*100/P*T

= 270*100/4730*3

= 27000/14190

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