Question

sathya deposited ₹ 6000 in a bank and received ₹7500 at the end of 5 years find the rate of interst
it's urgent please answer me fast
this is 100 points question

Answer 1

Answer:25per annum

Step-by-step explanation:

Amount = principal × rate × time /100

7500 =6000×rate×5/100

75=rate×3

Rate=25

@skb

Answer 2

Amount = p × r ×t /100

rate = amount × 100/p × t

rate = 7500 × 100/ 6000 × 5

rate = 25 rs per annum