Math, asked by kumarirashmi1098, 4 months ago

mr jane donates₹100000 to a school and the interest on it is to be used for awarding five scholarships of equal value.if the value of each scholarship is₹ 1500, find the rate of interest.

Answers

Answered by thakursamar432

Step-by-step explanation:

Jane donates Rs 1 lakh to a school and the interest on it is to be used for awarding five scholarships of equal value. ... 1,00,000 * x/100 =7,500 (1,500*5=7500) x=7.5 interest is 7.5

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mr jane donates₹100000 to a school and the interest on it is to be used for awarding five scholarships of equal value.if the value of each scholarship is₹ 1500, find the rate of interest.​

Answers

mr jane donates₹100000 to a school and the interest on it is to be used for awarding five scholarships of equal value.if the value of each scholarship is₹ 1500, find the rate of interest.