if the interest for 200 rupees for 3 months is 6 rupees. what is the rate of interest?
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P = Rs 200, R = 6% and T = 2 years
S.I = (PxRxT)/100 = (200 × 6 × 2)/100 = 2 × 12 = Rs.24
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Answered by
1
Answer:
12%
Step-by-step explanation:
P=Rs.200 ; Int for 3 months = Rs.6 ; Int for 1 month= 6÷3=2 ; Int for 1 year = 2×12= Rs. 24
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