Question

if 3750 to 4620 in 3 years at simple interest find rate interest

Answer 1

Answer:

7.73%

Step-by-step explanation:

Principle: 3750

Amount: 4620

Time : 3 years

SI: Principle - Amount = 870

Rate interest: ?

Rate interest = 870 ×100/ 3× 3750

= 29 ×4/ 3×5

= 116/15

= 7. 73 % ans

Hope it helps :)