Question

find the rate of intrest in the following :-principal=8500, si (₹) =1275, time=3 years, rate =?


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Answer 1

Answer:

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Answer 2

Answer:

p = ₹8500

si= ₹ 1275

t= 3 years

amount = principal + interest

8500+1275=9775

R = SI × 100/ P× T

1275× 100/ 8500 × 3

127500/25500

5

divide 127500 by 25500

then answer will come 5

so rate is 5% p.a.