Question

Find the rate of interest ,when Rs. 750 yields Rs. 112.50 as simple interest in 5/2 years

Answer 1

Answer:

6%

as

(S.I*100)/(P*T) = Rate of interest

so

(112.50×100×2)/(750×5)

=6%

Answer 2

Answer:

answer is 6% by using the name proportion formula 7715 find the simple interest of 5