Question

If the simple interest on rupees 30000
for 4 years is rupees 9600 the rate of
interest p.a is *
6%
) 10%
O 8%
O None of these​

Answer 1

Answer:

8%

SI = (p*r*t)/100

9600 = (30000*4*r)/100

96= 3*4*r

r= 8

Answer 2

Given :- If the simple interest on rupees 30000

for 4 years is rupees 9600 the rate of

interest p.a is *

6%

) 10%

O 8%

O None of these

Answer :-

we know that,

→ Simple interest = Principal * Rate * time/100

let rate is r % per annum.

putting given values we get,

→ 9600 = (30000 * r * 4)/100

→ (9600 * 100) / 120000 = r

→ r = 96/12

→ r = 8% (C) (Ans.)

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