Question

solve this question this question is 7 standard class​

Answer 1

Answer:

p = 2500 Rs

SI = 600 rs

n(time period)=3 years

r=?

As we know, Si = pnt/100

600=2500 X R X3/100

600=7500r/100

r/100=600/7500

r/100 =0.08

r=0.08 X 100

r = 8%

Hence rate of interest is 8%