Question

simple interest on rupees 1560 in 3 years is rupees 585​

Answer 1

ANSWER :-

SI = P×R×T / 100

585 = 1560 × 3 × R /100

R = 585 × 100 / 1560 × 3

R = 12.5%

Answer 2

Given : SI = Rs 585 , P = Rs 1560 , T = 3yrs

Rate = SI * 100 / P * T

= 585 * 100 / 1560 * 3

= 112.5 %

Hope it helps