Question

if rupees 750 amounts to rupees 885 in 3 years at simple interest find the rate of interest

Answer 1

here rate =(135*100)÷(750*3)= 6pa

Answer 2

$hey \: here \\ \\ p = 750 \\ amount = 885 \\ rate = r$

$si = amount - principal$
si = 885-750

= 135

$rate = \frac{100 \times si}{p \times t}$
= 100 × 135/750× 3

=54℅