Question

If 2500 becomes3000 in5 years, then the rate of the interstate is

Answer 1

this is the answer of your question

Answer 2

Principal amount =2500

Amount=3000

Time=5 years

Interest=P-A

Interest=3000-2500=500

Rate of interest = Interest×100 ÷ Principal×Time

Rate=500×100 ÷ 2500×500

Answer:Rate of interest=4%

HOPE IT HELPS!