Question

In how many years will a sum of RS 300 yield an interest of RS 45 at 5 percent? ​

Answer 1

Answer:

yes Rs 45 at 5 percent..

Answer 2

Simple interest paid or received over a certain period is a fixed percentage of the principal amount that was borrowed or lent. For example, say a student obtains a simple-interest loan to pay one year of college tuition, which costs $18,000, and the annual interest rate on the loan is 6%.

Time = 3 years answer