Question

if the simple interest on rs.30000
for 4 years is 9600, the rate of
interest must be___
1. O 6 percent
2. o 10 percent
3. O 8 percent
4. O 12 percent​

Answer 1

Answer:

We know, PRT/100 = Simple interes

so, 9600 = 30000x4xR/100

960000 = 120000R

96000/120000 = R

8% = R Ans

Hope this helps ☺️

Answer 2

Answer:

3) 8 per cent

Step-by-step explanation:

SI=p×r×t/100

9600=30000×r×4/100

9600=1200r

r=9600/1200

r=8per cent