Math, asked by Justafeminist, 20 days ago

S.I = 2,160 Time = 3 years Principal 12000

Find the rate

Answers

Answered by JayanthShekhar

0

Answer:

6 %

Step-by-step explanation:

I = PTR/100

P = 12000

T = 3 years

R = ? Let R = r

I = 2160

2160 = 12000 x 3 x r /100

2160 = 120 x 3 x r

2160 = 360 r

r = 2160/360

r = 6 %

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