Question

The Interest obtained on a sum
for 3 years is Rs 1,500. Find the rate
of Rs. 5,000
percent.​

Answer 1

Answer:

here is the answer

Step-by-step explanation:

Interest obtained on a sum of Rs. 5000 for 3 years is Rs. 1500. Find the rate percent.

A. 8%

B. 9%

C. 10%

D. 11%

E. 12%

Answer: Option C

Solution(By Examveda Team)

LetrateisR%Wehave,I=PTR100Here,1500=5000×3×RThus,R=10%