Question

if suman pays an interest of rs.600 for 5 years on a sum of rs. 3000. find the rate of interest​

Answer 1

Answer:

rate is 4%.

Step-by-step explanation:

given, p=Rs 3000, t=5 years, SI=Rs 600

We know, SI=p×t×r/100

So, 600=3000×5×r/100

=>600=150r=>r=600/150

=>r=4% (ans)

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Answer 2

Answer:

Step-by-step explanation:

given, p=Rs 3000, t=5 years, SI=Rs 600

We know, SI=p×t×r/100

So, 600=3000×5×r/100

=>600=150r=>r=600/150

=>r=4% (ans)

Hey mate, here is your answer

please, mark me as brainliest