Question

Sandeep borrowed RS 6000 from his friend and returned RS 7500 to him after 1 year . Calculate the rate percent

Answer 1

Step-by-step explanation:

S. I = (p×r×t) / 100

S. I = 7500

P= 6000

t = 1 yr

r= x

7500=( 6000 × x × 1) /100

7500 = (60x)

7500/60= x

12.5% = x

rate = 12.5%