Question

if 750 amounts to 885 in three years at simple interest find the rate of interest

Answer 1

P =Rs750
T =3yrs
A =Rs885
R = r%
SI=A-P =885-750 =Rs135
SI =PRT/100
135=(750×r×3)/100
r=(135×100)/(3×750)
r =6%


Hope it will help u..

Answer 2

p:750
t:3
si:885-750=135

r=100*135/750*3
do the above calculation you will get your answer