Math, asked by nikhil584652, 4 months ago

Question 3.
A sum of 12,500 amounts to 15,500 in 4 years at the rate of simple interest. Find the rate percent:

Answers

Answered by itzmairuu786

9

S.I. = Rs. (15500−12500)=Rs.3000

SI=P.N.R/100

Rate = 100×3000/12500×4%

=6%

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