Math, asked by pagadoras70, 3 months ago

Kathy invested P500.00 and received P650.00 after three years. What had been the interest rate?

Answers

Answered by sahil6517

0

Answer:

10%

Step-by-step explanation:

Interest = Amount- Principal

₹(650-500)

=₹150

Rate of interest=Interest×100/Principal×Time

=150×100/500×3

=10%

Therefore the rate of interest is 10%

HOPE IT HELPS

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