Question

pls ans in paper plsss​

Answer 1

12.5%

Step-by-step explanation:

Simple interest = P×R×T

100

• Principal = ₹ 1560
• Rate of interest = ?
• Time = 3 years
• Simple interest = ₹ 585

Substituting in the formula we get,

=> 585 = 1560×R×3

100

=> 585×100 = 1560×3×R

=> 58500 = 4680×R

=> R = 58500

4680

=> R = 12.5%

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Answer 2

Correct answer is 8%

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