Question

MAASTO
Pages
A sum of Rs. 45,000 cawns a simple interest
of Rs. 6150 in 3 years, Find the rate of interest
fer annum.​

Answer 1

Answer:

Principal = Rs. 45,000

Interest = Rs. 6150

Time = 3 yrs

Now ,

Rate of interest pr annum = 100 * I

P * T

= 100 * 6150

45,000 * 3

= 4.55 %