Question

P=60, T = 2 years, I = 3, find R.​

Answer 1

Answer:

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Answer 2

Answer:

Step-by-step explanation

Solution,

Given,

P : 60

T: 2

I : 3

R:?

We know, I = P ×T×R ÷ 100

or, 3 = 60 × 2 × R ÷ 100

or, 3= 120R ÷ 100

or, 300= 120R

or 300÷120 = R

so R = 2.5