Question

If P=Rs.1300, S.I =Rs.52 and T=3months, then rate of interest (R) =__________%

Answer 1

Answer:

Rate of interest = 16%

Step-by-step explanation:

P = ₹1300

SI = ₹52

T = 3 months = 3/12 years = 1/4 years

SI = PRT/100

=> 52 = 1300 × R × 1/400

=> 52 = 13/4 × R

=> 52 × 4/13 = R

=> R = 16%

Answer 2

rate of intrest 16% is the right answer

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