Question

principal =8250,si=1100,time=2years

Answer 1

Principal= 8250 Rs.
Simple Interest= 1100 Rs.
Time= 2 years
Let Rate be R.

According To Question, Equation Formed Will Be,
Simple Interest = 1100
P*T*R /100       = 1100
8250*2*R         =  1100*100
16500 *R         =  110000
       R                =  110000/ 16500
       R                =  6.66

Therefore, Rate is 6.66%

Answer 2

Principal=8250rs
Simple interest=1100
time=2 years
Rate=?
simple interest=P×R×T/100
1100=8250*R*2/100
1100=16500*R/100
1100=165*R
1100/165=R
R= 6.66%
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