suman borrowed rs 5000 from her freind and returned an amount of Rs. 5315 with interest after
219 days. Find the simple interest paid and the rate of interest.
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Answer:
Simple Interest : 315
Rate is : 153.3%
Step-by-step explanation:
Original amount ( p) :- 5000
Interest (I) :- 5315- p
=5315 - 5000 = 315
We know that , I = prt÷100
So , r = I×100÷pt
= 315 × 100÷5000× 219 = 153.3%
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