Question

find the rate of interest when p= rs x , amount= 3x/2 and time =5 years​

Answer 1

Step-by-step explanation:

P = X

A=3x/2

so, I = A- P = X/2

also let rate = r

we know I = (p*r*t)/100

X/2= (X*r*5)/100. as time is 5 years.

dividing both sides by X

1/2 = r/20

or r = 10%