Find the rate per annual when the P = 9600 rupees, T = 3 mouths and S.I = 72 rupees
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Given
Simple interest,S.I = ₹ 72
Principal , P = ₹9600
Time ,T = 3 months
Solution
S.I= P*R*T/100
72 = 9600*R*3/100
72 = 96*R*3
R = 96*3/72
R = 96/24
R = 32/8
R= 4
Rate,R= 4
Simple interest,S.I = ₹ 72
Principal , P = ₹9600
Time ,T = 3 months
Solution
S.I= P*R*T/100
72 = 9600*R*3/100
72 = 96*R*3
R = 96*3/72
R = 96/24
R = 32/8
R= 4
Rate,R= 4
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