Math, asked by princesssyolo545, 7 months ago

If ₹1200 amounts to ₹1500 find the rate of simple interest

Answers

Answered by shreya2908
1

Answer:

Rate =

P×T

S.I×100

P=1200−1000=200

S.I=30

T=3 years

Rate =

200×3

30×100

=

600

3000

=5%

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